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.
Showing posts with label mike norman on the fed's qe. Show all posts
Showing posts with label mike norman on the fed's qe. Show all posts
Monday, April 9, 2012
Mike on Larry Kudlow's Show This Evening
CNBC video from this evening embedded below. Market review precedes the panel's commentary.
In Mike's second segment he skillfully slips in some MMT based analysis on the Fed's QE approach being effectively a tax increase due to the net fiscal effects. Hopefully Larry K. will pick up on this view and continue to think this through, perhaps with Mike's further assistance, as Larry typically supports lower taxes.
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