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Here’s how Wall Street "trading" is rigged.

I watched it and took part in it first hand. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ Understanding the Daily Treasury Statement video course. https://www.pitbulleconomics.com/understanding-daily-treasury-statement-video-course/?s2-ssl=yes

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Debt, deficits, secular stagnation and the which way is up problem in economics

from Dean Baker The economy can have a problem of too much demand, leading to serious inflationary pressures. It can also have a problem of too little demand, leading to slow growth and unemployment. But can it have both at the same time? Apparently, the leading lights in economic policy circles seem to think so. As I noted a few days ago, back in the 1990s and 00s economists were almost universally warning of the bad effects of an aging population. The issue was that we would have too...

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Migrating to Mastodon and some additional announcements — Bill Mitchell

Today, I have a few news and information items. First, I detail how to migrate to Mastodon so that you can continue to follow me as I escape Twitter. Second, I provide enrolment details for the next offering of our MMT edX MOOC. Third, I provide access details to my annual Helsinki public lecture which will take place tomorrow starting at 19:00 EAST.Bill Mitchell – billy blogMigrating to Mastodon and some additional announcementsBill Mitchell | Professor in Economics and Director of the...

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MMT And Banking — Brian Romanchuk

Since I am in the Modern Monetary Theory (MMT) camp, I cannot write a book on baking without covering some of the critiques of MMT and banking. I wrote about this topic in Section 5.7 of my earlier book, Modern Monetary Theory and the Recovery. In this section, I am give a minimal explanation of the topic, without covering too much of the same ground of that earlier text.Note: This is a draft of a section that will go into my banking primer manuscript.Bond EconomicsMMT And BankingBrian...

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Three Things I Think I Think – Bankrupt Ideologies

1) The Competition for Worst Ideology is Heating Up There’s a battle of bad ideologies going on around the debt ceiling debate. Unfortunately, this is a microcosm of what has happened in American politics – the centrists have been silenced as both fringes scream over them. And it’s the fringe thinking that gets all the attention these days. In the case of the debt ceiling we’ve got fringe thinkers on the right actively threatening to let the USA default on debt. And on the other...

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Jury Findings for the January 6 Insurrectionists

I am waiting to see what the courts dish out for the insurrectionists who thought it was kind-of-“kool” to attack the Senate and House while in session certifying the 2020 presidential election vote. The insurrectionist sitting at Nancy Pelosi’s desk was sentenced last week. He claimed he was looking for a bathroom. So far, I have not been impressed with the sentences handed down to insurrectionists. I believe the sentencing is too lenient. If we...

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