Podcast: Some info on my upcoming, "Understanding the Daily Treasury Statement" course.
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.
Podcast: Some info on my upcoming, "Understanding the Daily Treasury Statement" course.
Did you know that the U.S. government “paid back” $67 TRILLION to investors LAST YEAR? And our leaders are talking about cutting Social Security to seniors because 40 years from now the SS trust fund will supposedly have a shortfall of $4 trillion?
This is in the Daily Treasury Statement. It’s from the Treasury’s own records.
Did you know that leading flows (spending) to the economy have been very strong, yet government spending as reported in the officially released GDP report shows it as being down?
This is in the Daily Treasury Statement.
Did you know that we spend 50 times more on interest on public debt than on food stamps?
This is in the Daily Treasury Statement.
Did you know that last February, the Federal Gov’t sent out $120 billion in tax refunds? And it will do it again this February. And it happens every year?
You’ll learn this from the Daily Treasury Statement.
Do you know why there is an expression, “Sell in May and walk away?” when it comes to the stock market?
The Daily Treasury Statement will explain this seasonal effect and why it is so predictable. (And by the way, stock market investors and analysts don’t know the real reason why.)