EconomicsJunkie Podcast

Nima discusses the latest data regarding the Coronavirus lockdown crisis, and the economic outlook. Sources: A Novel Coronavirus from Patients with Pneumonia in China, 2019 (https://www.nejm.org/doi/full/10.1056/NEJMoa2001017) Dr. Drosten admits in hit piece on Wodarg that his test is not peer reviwed or sufficiently validated, see yellow (https://imgur.com/a/skKtQvw) Was the COVID-19 Test Meant to Detect a Virus? (https://uncoverdc.com/2020/04/07/was-the-covid-19-test-meant-to-detect-a-virus/) USC-LA County Study: Early Results of Antibody Testing Suggest Number of COVID-19 Infections Far Exceeds Number of Confirmed Cases in Los Angeles County (http://www.publichealth.lacounty.gov/phcommon/public/media/mediapubhpdetail.cfm?prid=2328) Erste Resultate der Corona-Studie in Heinsberg (https://www.tagesschau.de/regional/nordrheinwestfalen/corona-studie-heinsberg-101.html) New Data Suggest the Coronavirus Isn’t as Deadly as We Thought (https://www.wsj.com/articles/new-data-suggest-the-coronavirus-isnt-as-deadly-as-we-thought-11587155298) "New York is reporting 15,500 COVID-19 deaths, and if 2.7 million people were infected, that would mean the death rate would be 0.5%" (https://www.livescience.com/covid-antibody-test-results-new-york-test.html?fbclid=IwAR2QbOi_M0rsiBRBa-6GHSPeLgQikTSzhDD7t80NQjJvHm6NYojHNt0JIa0) Respiratory illnesses in Germany (https://grippeweb.rki.de/) Coronavirus: Nine in 10 dying have existing illness (https://www.bbc.com/news/health-52308783) Syracuse hospitals still awash in empty beds; Cuomo may let them resume elective surgery (https://www.syracuse.com/coronavirus/2020/04/syracuse-hospitals-still-awash-in-empty-beds-cuomo-may-let-them-resume-elective-surgery.html) NHS hospitals have four times more empty beds than normal (https://www.hsj.co.uk/acute-care/nhs-hospitals-have-four-times-more-empty-beds-than-normal/7027392.article)

Nima & Dylan discuss recent developments regarding the coronavirus hysteria and its economic impact. Sources: #CORONAVIRUS UPDATE: Dr. Shiva Ayyadurai and Stefan Molyneux (HD) (https://www.bitchute.com/video/ndy76mJHD6o/) 0.37% death rate confirmed in Germany: "Vorläufiges Ergebnis und Schlussfolgerungen der COVID-19 Case-ClusterStudy" (Gemeinde Gangelt) (https://www.land.nrw/sites/default/files/asset/document/zwischenergebnis_covid19_case_study_gangelt.pdf) Untested people added to inflated Coronavirus count: "New York City coronavirus death toll jumps past 10,000 in revised count" (https://www.theguardian.com/us-news/2020/apr/15/new-york-city-coronavirus-death-toll-jumps-revised-count)

Nima discusses the impacts of the Coronavirus panic on the European economy.

Nima discusses the coronavirus panic, its economic impacts, and how you can protect your money in turbulent times. Sources: "How Dr. Wolfgang Wodarg sees the current Corona pandemic..." https://www.youtube.com/watch?v=p_AyuhbnPOI&feature=emb_title Coronavirus data from Germany: https://imgur.com/a/bMYOsYB "99% of Those Who Died From Virus Had Other Illness, Italy Says" https://www.bloomberg.com/news/articles/2020-03-18/99-of-those-who-died-from-virus-had-other-illness-italy-says?fbclid=IwAR3Ck9ixxL0uXHWdVUwjEAm5rb9P6-wc4FGWNIcif_srrrcIPAB21K863gs "Why are so few Germans dying from the coronavirus? Experts wonder" https://www.nbcnews.com/news/world/why-are-so-few-germans-dying-coronavirus-experts-wonder-n1168361?cid=eml_nbn_20200325&fbclid=IwAR2H30u-w2NtVpk_LNvhnm6EwGhmmIfxU90EUeHn6rRWEDgbqX-ZLDoF8ZA "Is the Coronavirus as Deadly as They Say?" https://www.wsj.com/articles/is-the-coronavirus-as-deadly-as-they-say-11585088464 "Los Angeles Mayor Eric Garcetti warns of mass death, condemns 'false hope,' and tells us his city will be on lockdown for another 2 months — and to 'be prepared for longer'" https://www.businessinsider.com/covid-19-los-angeles-to-shelter-in-place-for-months-2020-3?fbclid=IwAR0u2rKqe3rqo4kX4aU4simyFpSwnc_MrvWkicNOPhTV9b1q5qVLtspExOs

Nima and Dylan discuss recent proposals to combat loan sharking by capping interest rates on credit cards. Sources: To Tackle Greed of Wall Street 'Loan Sharks,' Ocasio-Cortez and Sanders Plan Would Cap Outrageous Credit Card Rates (https://www.commondreams.org/news/2019/05/09/tackle-greed-wall-street-loan-sharks-ocasio-cortez-and-sanders-plan-would-cap?fbclid=IwAR2rIlbJhFMfNnyfAy17SpfC7qbSrZys07Mb8MYGKmDP9grQ1lPupCya_TA) Economic Illiterate, or Communist Mastermind?...

Dylan and Nima discuss more investment perspectives on MMT. Source: https://www.bennelongfunds.com/insights/332/investment-perspectives-modern-monetary

Nima discusses what professional money managers think about Modern Monetary Theory (MMT). Source: WHY DOES EVERYONE HATE MMT? (https://www.gmo.com/north-america/research-library/why-does-everyone-hate-mmt/)

Nima and Dylan discuss more FEE MMT criticisms. Sources: Modern Monetary Theory: Debunking the Latest Incarnation of Government’s Magic Money Tree (https://fee.org/articles/modern-monetary-theory-debunking-the-latest-incarnation-of-government-s-magic-money-tree/) Modern Monetary Theory and the Unspoken Effects of Inflation (https://fee.org/articles/modern-monetary-theory-and-the-unspoken-effects-of-inflation/)

Nima and Dylan discuss more good & bad MMT criticisms. Sources: Modern Monetary Theory Is a Recipe for Hyperinflation (https://fee.org/articles/modern-monetary-theory-is-a-recipe-for-hyperinflation/) Modern Monetary Theory Isn't Economics (https://fee.org/articles/modern-monetary-theory-isnt-economics/) The Shortest (and Best) MMT Primer You’ll Ever Read (https://www.pragcap.com/the-shortest-and-best-mmt-primer-youll-ever-read/) Unemployment Is Created By Government And Can Only Be Solved By...

Nima and Dylan discuss climate change alarmism and other forms of austerity. Sources: The Neglected Sun by Fritz Vahrenholt, Sebastian Lüning (https://www.amazon.com/Neglected-Sun-Precludes-Catastrophe-Independent/dp/1909022241) Agenda 21 (https://sustainabledevelopment.un.org/content/documents/Agenda21.pdf)

Dylan and Nima discuss the good, the bad, and the ugly of MMT criticisms. Sources: Modern Monetary Theory Is Not Grounded in Economic Reality (https://fee.org/articles/modern-monetary-theory-is-not-grounded-in-economic-reality/?utm_source=zapier&utm&fbclid=IwAR28O2F6e4YZJzalUuDIDzXGwnohF8nkELcT-l0SkCQShBD07SeWFKN9_y8) U6 Unemployment Rate (https://www.macrotrends.net/1377/u6-unemployment-rate) MMT's True Colors Appear (https://www.pragcap.com/mmts-true-colors-appear/)

Dylan and Nima discuss how the private banking system actually works, and how private it actually is.

Episode 24, Nima and Dylan get back to finishing up going over the book on Why Minsky Matters. Source: Why Minsky Matters by L. Randall Wray (https://press.princeton.edu/titles/10575.html)

On this episode, Dylan and Nima go over some arguments from the Austrian school economists, and discuss what they think is good, and bad about Austrian economics.

Dylan and Nima discuss a listener's questions and comment about Modern Monetary Theory (MMT). Sources: Empiricism Shatters The Barter Theory of Money (https://www.economicsjunkie.com/empiricism-shatters-barter-theory-money/) Private Debt To Income (https://fred.stlouisfed.org/graph/?graph_id=347240) Corporate Profits (https://fred.stlouisfed.org/graph/?graph_id=344834)

Nima and Dylan discuss Minsky's views on so called fractional reserve banking, poverty, unemployment, the Federal Reserve Bank, and how to stabilize an inherently unstable economy. Source: Why Minsky Matters by L. Randall Wray (https://press.princeton.edu/titles/10575.html)

According to the CDC vaccines have been found to infect people with polio, SV40 virus (cancer), permanent paralysis, narcolepsy, bowels folding in on themselves, and pig viruses. Nima and Dylan discuss the issue of vaccine safety. Sources: The Vaccine Book, Robert W Sears, MD, FAAP (https://www.amazon.com/Vaccine-Book-Decision-Parenting-Library/dp/0316180521) Vaccinegate: Initial results on Infanrix Hexa chemical composition...

Nima & Dylan discuss Bernie Sanders' 10 point plan. Source: Bernie Sanders Lays Out Bold 10-Point Plan for Democrats (https://www.truthdig.com/articles/bernie-sanders-lays-out-bold-10-point-plan-for-democrats/)

Nima discusses an article by Cullen Roche on PragCap.com about the Federal Reserve, Quantitiative Easing (QE), interest rates, consumer price inflation, and asset price inflation (assflation). Source: Let’s Talk About QE and Assflation (https://www.pragcap.com/lets-talk-qe-asset-price-inflation/)

Nima & Dylan discuss the predecessor to today's Middle Eastern cultures, including Israel: Canaanite Civilization. Among other things they also discuss Bohemian Grove, climate change, pollution, flouride in the water, and how the far left has been successfully conned into supporting global austerity of the worst kind. Sources: The Evolution of Civilizations by Carroll Quigley (https://www.amazon.com/Evolution-Civilizations-Carroll-Quigley/dp/0913966576) Peer reviwed science quotes on climate...