USDTRY absolute inhalation! Hits 6.30 to the dollar. THE GLORIOUS VICTORY CONTINUES!!
DXY 96! I wonder what happened to the Dollar being “the mother of all shorts” due to higher rates are inflationary as per FAKEMMT Bullschitt?? That worked out great didnt it? As I have bee... Read More
HOW TO UNDERSTAND FAKEMMT IS JUNK ECONOMICS
From the Begining! PART 1 Let’s go qll the way back to a barter economy and ask yourself who would dare ask for a free Gov’t paid Pony? Obviously no one! This is where the frame of referen... Read More
5 Key Factors that Influence the Price of Bitcoin
If you are a new investor, then the drastic fluctuations of the bitcoin market can be unnerving. Without being backed up by a physical commodity such as actual gold, understanding why the value of bit... Read More
Now for something different, a more descriptive MMT post
Progressive#learnMMTers laugh at you when you say that Venezuela’s inflation illustrates a failure of a huge Welfare State run amuck. Some more astute Economic Progreesive#MMTers will say it was... Read More
Here is a perfect example of the tail wagging the dog
The reason rates are rising is because we are reaching or at full employment (something FAKEMMTERS reject hence their political Soviet style ‘job guarantee’). The economy has been improvin... Read More
‘Real’ hourly earnings (wages) were actually negative
FACTS MATH & DATA: “People were caught surprised in my article about last month’s jobs report (nonfarm payroll) that ‘real’ hourly earnings (wages) were actually negative, ... Read More
As we celebrate the 4th of July, the FAKEMMTERS, anti American bears, the “it’s never good enough” Soviet enthusiast are getting their asses kicked by capitalism!
As we all celebrate just a little over 200 years we have a 4×4 on the Moon, 5% of population producing 25% of global GDP, (IF THAT IS NOT NEAR MAXIMUM PRODUCTIVE OUTPUT THAN NOTHING CAN BE!) 3.8%... Read More
How EVIL GOV’T doesn’t print enough and uses unemployment to control inflation
NAIRU often you will hear FAKEMMTERS refer to this term. NAIRU (Non Accelerating Inflation Rate of Unemployment) that some how EVIL GOV’T doesn’t print enough and uses unemployment to cont... Read More
Turkish lira is not collapsing because of higher interest rates
Lira is collapsing for political reasons, as did the Russian rubble, the Ukrainian Hryvnia, plus the Argentinian & Venezuelan currencies as well. These currencies did not collapse due to higher ra... Read More