I don't think Mikey boy has ever fully recovered from the humiliation of "Peter Schiff was right" ...
I think he is lobbying for a position at the NY FED. Could you imagine someone like this in charge?
So, the government can just print up a bunch for me...and pay off the debt, pay off everyones debt, yayyyyyyyyyyyy !
I stopped watching when he said the government can't run out of money.
Ron Paul - America, you WILL regret not voting for him!
KNOWLEDGE IS POWER
What was that part in the beginning, about shoddy journalism and passing opinion off as fact? He should take his own advise.
Peace.
Mike's an MMT advocate. In his world, deficits don't matter. History, however, begs to differ...
To say the things this dude is saying, a person has to either be (1) trolling or (2) a delusional idiot.
I trust he's not trolling.
LOL WTF
If Mike Norman is correct, then the following must be true:
1) There is no need to tax any American ever again since the government can simply print whatever it needs.
2) The Weimar Republic republic never happened.
3) Zimbabwe was the strongest currency/economy in the world.
4) If I could wave a magic wand and place $1,000,000 in the pocket of every American, people would still show up to work tomorrow at Burger King for $8.00 per hour.
5) China is perfectly happy making things and selling them to us so long as we give them little pieces of paper and there is absolutely no inflation problem in China.
This is a good example of how, unfortunately, sounding confident often matters more than making even one iota of sense.
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