An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Nice to know, but how do you make money from this? My Forex trading course is the only applied MMT course anywhere. What good is knowledge of MMT if you don't know how to use it to make money?
Personally, I'm tired of whining about how everyone has economics wrong and we (MMTers) are the only ones who know the truth. I've decided to put my knowledge of money systems to use and I'm using it to trade the currenc markets and doing incredibly well.
So are my students.
My course teaches you how to apply MMT priniciples in the biggest, most liquid market in the world--the currency market.
"Nice to know, but how do you make money from this?"
Mike - I'll leave the FOREX side to you, but as far as fixed income goes, the smaller the deficit gets the greater will be the pressure on credit spreads to widen. How to make money from this outlook? Good question and glad you asked. Sell a 5 year strip of Eurodollar futures against a long position in the 5-year Treasury future in a duration neutral hedge ratio. This position is analogous to being long 5 year swap spreads which will generate profit as 5 year swap spreads widen.
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Nice to know, but how do you make money from this? My Forex trading course is the only applied MMT course anywhere. What good is knowledge of MMT if you don't know how to use it to make money?
Personally, I'm tired of whining about how everyone has economics wrong and we (MMTers) are the only ones who know the truth. I've decided to put my knowledge of money systems to use and I'm using it to trade the currenc markets and doing incredibly well.
So are my students.
My course teaches you how to apply MMT priniciples in the biggest, most liquid market in the world--the currency market.
Find out more here: Pitbull Economics.
"Nice to know, but how do you make money from this?"
Mike - I'll leave the FOREX side to you, but as far as fixed income goes, the smaller the deficit gets the greater will be the pressure on credit spreads to widen. How to make money from this outlook? Good question and glad you asked. Sell a 5 year strip of Eurodollar futures against a long position in the 5-year Treasury future in a duration neutral hedge ratio. This position is analogous to being long 5 year swap spreads which will generate profit as 5 year swap spreads widen.
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