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Yellen exasperated by Senator John Neely Kennedy (R-LA) ignorance. 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
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Yellen exasperated by Senator John Neely Kennedy (R-LA) ignorance. 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
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| Yellen exasperated by Senator John Neely Kennedy (R-LA) ignorance. 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 |
Your website has a virus ?
Borrowed from the printer.
on Today's show Mike Norman explains to Congress why they need to follow the treasure map to the Federal Reserve Building to find the hidden treasure chest full of US Dollars $$$ to pay for everything America needs
Looks like we gon' down. See Teasela at $500
and maybe lower than that
I got crushed last two days. You think it’s still going down even with such a sell off? I better jump on some puts
@Nikø Stark The broad market has not even started correcting yet. It it is the specs that are getting crushed. And there is more of them than usual, that is why it seems like a crash.
@Ilham H I have a lot of different tech stocks too, so that didn’t help with a feeling of a sell off. I’ll have to weather it.
Mike that's senator that moron he knows the truth he's just trying to maintain the illusion.
Why do we elect such idiots to office ?
We are borrowing it from our kids and their kids!! Thats what Kennedy is gonna tell ya! Cmon Maaaan
MIke, If MMT is correct my fear is what stops the politicians from giving everyone free health care, education, 50 thousand minimum living wage if
the fed prints endless amounts of money. Just curious, they're has to be limit at some point. If you're correct this is where this will go
If the banks purchase gold it would solve their problems but they won't do it and I think you know why
Should we go back on the gold standard?
Absolutely not no way
@Danny Windham lol, joking.
Only if you can print me some gold rumpelstiltskin.
@Jesus pretty good lol
Who does Senator Kennedy remind us of? https://jonnegroni.com/wp-content/uploads/2017/03/carl-fredricksen-carl-fredricksen-20065561-1440-900.jpg
I got crushed last 2 days. Fck
Raise capital, or call in loans…
That's right, we just create as much of this USD fiat garbage as we want and the rest of the world just has to suck it up….until they wont.
They're printing mooney they're printing maaaney
Mike – You opened my eyes to this years ago and I too have this debate with people in the UK but they refuse to accept logic. You put it perfectly in that you ask 'where is the breadcrumb trail? Where do 'they' get the money?' I have heard some people say that that comes from commercial bank loans being extended which has some validity but then you ask 'If the banks are not lending as much, then where does it come from?' I do kinda get why they keep this shrouded in mystery as if people really knew that the government can create as much money as it wants people would starting asking for the world and if the government gave in and gave everyone a million pounds it would cause other problems like inflation if there wasn't enough real stuff to use it on. Even Greenspan said this to Paul Ryan and you could see in his eyes that he couldn't get his head around it
Let's stop piling trillions of dollars on big banks' balance sheets. We need a National Infrastructure and Jobs Bank to put the capital to work on what we need.
It's all good until it's not. The dollar is dying. Cash is trash. Fiat currency only lasts for so long. History is on my side here. Fractional reserve banking is the biggest ponzi scheme in the history of the world. I promise when the dolar collapses, I won't tell you I told You so. Printing money out thin air never ends well, and this will be no different. Its guys like Mike that have bankrupted this country. We are the single largest debtor nation in the history of the World. We are living in Rome 2.0. When the dollar collapses, your stocks, bonds, and 401K's are going to be worthless. I don't know what collapse looks like, but I have a feeling we are about to find out.
Better if LA voted for David Duke instead
Making fun of a someone's accent is bad style. Try making fun of Rep Maxine Water's accent and you will get canceled in a nanosecond.