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She's clueless. Lacks understanding that rate setting is price setting and a fiscal operation. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
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She's clueless. Lacks understanding that rate setting is price setting and a fiscal operation. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
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Michael Hudson writes Temples of Enterprise
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NewDealdemocrat writes For the second time in three months, the Household jobs Survey was recessionary
| She's clueless. Lacks understanding that rate setting is price setting and a fiscal operation. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ |
Higher rates will burst the real estate bubble
@Slickpete83 So that anecdote doesn't really apply to blue collar Canadians today. Unless Canadian blue-collar wages have kept up with Canadian home values. Somehow I doubt that is the case.
@Will Finn blue collar workers today should be buying stocks& ETF's instead of nothing & holding long term and compounding $$ in a TFSA account
@Slickpete83 So the old blue-collar workers got to invest in homes but you think the folks today should just stick to paper wealth? I think blue collar workers today should be receiving wages with the same purchasing power that their parents and grandparents received. Then they can invest it how they like.
@Will Finn But there is only a limited number of elite buyers out there.
@Cyrus992 There is only a limited number of all things out there.
It's all about maintaining the illusion of government as a household. Janet Yellen and Joe Biden are neoliberals to their bones that's what they are
I hope that means you are more to the right than the left.
Let's be honest. She wanted to say things are going out of control, and we need to stop this inflation before it goes insane.
@Pete D Yeah, I miss the Obama years too. As low as 0.12% in his 2nd term
X-D
Yeah, her comments were already pretty ill-informed so maybe her deepest thoughts were even stupider. It is fun to speculate.
@Will Finn She might be more clueless than you. I said might be…
@Pete D You haven't been able to overthrow any facts that's been shown you so far.
@Kevin Wayne I find it is impossible to discuss things to some of you closed minded people. You have drunk the cool-aid MMT theory and are brainwashed by it. I might as well talk to a stone wall. You can discuss it with the other zombies that are in your misguided group.
me 4 days ago under "I'M CONCERNED": " imo its only a political risk cuz people are still shittin themselves over the thoughts of leaving the house even after being vaxxed & wearing 2 masks…." and to add to that they're clinching their Fauci action figure pillows harder than ever cuz they can't shake their cultish love of him yet….
In my opinion Dr. Fauci has lost his creditability. He changes his theory on the virus more than he changes his you know what.
@Pete D unfortunately he became a cult leader for the dumb masses or is it dumbasses? in the meantime they'll support the same govt controlled HC that in the past yr 1/2 non med govs BANNED treatments that could have saved lives…
Yup the Republicans are trying to sabotage the recovery. They are looking to turn the first key of Allan Lichtman’s Keys to the White House
If interest are based on commodities future contract then things like lumber gas oil all of which are going down in q1 of 2022
Because people like yellen and biden are moderates try to appeal to both republicans and dems
Cutting unemployment is the wrong move right now
Higher interest rates are a great thing for traditional pension funds.
Maybe Yellen gets some kind of benefits from some hedge funds or a kind of companies who bet on high interest rates? Maybe they pay her for some "services"?
Defined pension plans when corporations gave a shit about the communities they were domiciled in took care of the employees who built the corp, 30 yr treasury was the gold standard for guarantee to retirees for a decent pension to live out thier lives, now the quick buck artist mentality , stock buy backs, borrowing money to pay out board members who do nothing to help the business or the communities, instead they loot the company. A sad state of affairs for america.
Some death and destruction would be nice.
Mike you are like a guy who goes to a wrestling match and comments seriously on what he sees. Your fundamental analysis is great when it comes to MMT, but I would posit that you purposely fall short when it comes to the real big picture. I put you in the category of fundamental entertainment, You know your stuff and act tuff but pull the real punches. Much love to you regardless and love your content
@Michael Norman Why do you always answer the trolls, but not the people asking genuine questions that would help them to really understand your approach? I've asked quite a few questions in your previous videos, but all have been ignored. 🙁
@Paul Dowsett What’s your question?
@Will Finn Report him for harrassment. I did.
I have not replied since my Initial comment, It seems some of you may have gotten things mixed up. Yes MMT is the reality of the modern economic scene and I was simply making a comment that Mike stays out of the weeds and fails to ascribe motive to any action or policy. Which I guess is fine since we are here to focus on trading. Grow up, Im not harassing anyone
I think you are getting your people mixed up 🙂 Im here for the MMT
My buddy in Washington State was earning 900usd a week. When the 600usd extra was happening, he was getting 1240usd a week in unemployment, lol. It was full retard. It's still full retard. He gets 940usd a week now. 40usd MORE than when working. Even if that 300usd is cut out, I'd still stay home for 640 a week rather than work for 900 a week
Great MMT Report Mike!!!
Join our team!!!! Mike is always on top of his game and keeps us well informed and up to date in real time. It doesn't get any better than being an MMT Trader. Peace