Tag Archives: debt ceiling

Are You Prepared for the Mass Repricing of Goods and Services?

Rising consumer price inflation is not going away. This, of course, is counter to the “transitory” argument made by Federal Reserve Chairman Jerome Powell earlier this year. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 36 Comments

Realizing the Full Implications of the Forthcoming Catastrophe

The popular delusion of the 21st century is to assume the highest virtues of democracy.  This faulty assumption  propagates a dangerous archetype: the tyranny of the masses and its twin consequences, deficits and inflation. Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , | 18 Comments

What Fed Chair Powell Forgot to Mention

What are the chances of Federal Reserve Chairman Jerome Powell being wrong?  The chances he’ll be wrong on the economy’s growth prospects, the direction of the federal funds rate, and inflation itself?  Our guess is his chances of being wrong … Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , , | Leave a comment

The Government Debt Paradox: Pick Your Poison

“Rule one: Never allow a crisis to go to waste,” said President Obama’s Chief of Staff Rahm Emanuel in November of 2008.  “They are opportunities to do big things.” At the time of his remark, Emanuel was eager to exploit … Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , , , , , | 7 Comments