Mike Norman is currency trader and economist who is a proponent of Modern Monetary Theory (MMT). He writes a blog at www.mikenormaneconomics.blogspot.com.

The government of the U.S. is not a household. It doesn't need to "save" its money.
If it exists, how was the government able to pay back $94 trillion last year alone?
The greenback's rally won't last very much longer.
She may be considering a payroll tax to force U.S. workers to fund accounts that would be managed by Wall Street firms.
The former Fed chair didn't break the back of inflation; he broke the back of the economy.
Interest rate hikes will be a relief for banks, even though inflation is on the rise.
This will certainly put the Fed in play for a December rate hike.
The basis for HSBC's call for a 'severe fall' in stocks is pretty flimsy.
The devaluation that has occurred is giving Britain a competitive boost.
But the Fed may have the ammunition it needs for a rate hike.

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