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.
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Wednesday, May 2, 2012
I am going to debate Rick Santelli on CNBC tomorrow!!!
Just got this from his producer. They invited me to debate Santelli on the subject of floating rate notes. Working out the details now. Looks like 11:30am EDT.
Woo hoo. This is it! The match is on.
ReplyDeleteCan you remind them that they already have 'floating rate notes'.
ReplyDeleteIt's called 'Interest on Reserves' - because the dollar is a perpetual floating rate note.
We can have a sweepstake on how much that fact makes his eyes bulge.
I'm staying home from work for this!
ReplyDeleteOld Tribal saying, "man with little stick feels need to talk big"
It's the thrilla in Manila. I wouldn't miss it!
ReplyDeleteYou don't stand a chance Mike. That Joe Kernen guy is going to completely cut you off if Santelli doesn't scream over you.
ReplyDeleteShould be fun to watch though!
oh you're on after that.. never mind.. Santelli is still going to scream at you though. :)
ReplyDeleteHey, Mike has years of practice at Fox with screaming and just about everything else that anyone could throw up.
ReplyDeleteGood point Neil!
ReplyDelete