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.

But we need this to help boost private income and savings.
Argentina's key stock-market index seems poised for a fall.
The strength of the Russian stock market speaks volumes about the resilience of the economy.
This type of government spending adds to the GDP, which economists monitor.
Buying after a steep price decline, even if not at the absolute bottom, works best.
The bill shows lack of understanding of the role of the Fed.
Future rallies will be harder to sustain.
Limited growth, not stagnation, will remain the feature.
Federal spending is up, but U.S. monetary policy is deflationary.
They fail to recognize that higher wages stimulate the economy.

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