Karl Marx’s Road to Hell is Paved with Fake Money

Posted on May 14, 2021 by MN Gordon

“The way to Hell is paved with good intentions,” remarked Karl Marx in Das Kapital.

The devious fellow was bemoaning evil capitalists for having the gall to use their own money for the express purpose of making more money.

Marx, a rambling busybody, was habitually wrong.  The road to hell is paved with something much more than good intentions.  Grift, graft, larceny, corruption and fake money are what primarily composes the pavement.  Good intentions are merely dusted in to better the aesthetic.

If you want to understand what’s going on with exploding price inflation then you must understand this…

Right now in the United States we have a scam currency that’s controlled by central planners.  Specifically, we have what Marx envisioned in Plank No. 5 of his Communist Manifesto:

“No. 5.  Centralization of credit in the hands of the state, by means of a national bank with state capital and an exclusive monopoly.” Continue reading →

Posted in Economy, MN Gordon | Tagged , , , , | 24 Comments

The Fed’s Two Disagreeable Choices

Posted on May 7, 2021 by MN Gordon

Dr. Fauci – a quack – is disturbed by all the holdouts.  He wants to “full-court press” the selfish anti-vaxxers who refuse to take one for the team.

Don’t they know caution and skepticism are not tolerated in a permission based society?  Don’t they know it’s their American duty to just take the jab – and every forthcoming booster jab?  Can’t they see glory is within reach?

The popular narrative at the moment is that a great economic boom has arrived.  First quarter gross domestic product (GDP) growth was recently clocked at 6.4 percent.  Government economists all forecast the robust growth will continue.  The rationale is generally as follows…

The economy’s reopening.  Businesses are hiring.  Summer is nearing.  Pent up demand and excess stimmy cash are coalescing into a great big consumption binge.

You can already see it.  Neighbors are rushing over to Lowes to buy new patio furniture and wood pellet grills.  Coworkers are driving up the coast for weekend getaways and shopping sprees.  Middle-aged men are putting dye in their hair.  Folks are heading down to the ballpark to root, root, root for the home team. Continue reading →

Posted in Inflation, MN Gordon | Tagged , , , , | 2 Comments

Dr. Copper is Talking, Are You Listening?

Posted on April 30, 2021 by MN Gordon

Dr. Fauci still believes there are precarious levels of COVID-19 cases.  But he’s the only one.

By now, even the most fearful amongst us have come to a very obvious conclusion.  Fauci isn’t a real doctor.  He’s a quack.  An imposter.  A fraud.

Most people of sound mind and honest intentions are ready to move on.  Here in the ‘land of fruits and nuts’ things are even opening back up.  Governor Newsom, compelled by a recall election, is now granting some slack to the plebs.  He has to…or he’ll lose his job.

The reopening of an economy following a great plague – or even a moderate virus – is a remarkable time to be alive.  The impossible becomes possible.  DOW 36,000 is now within reach – only 22 years late.

Indeed, it feels great.  The stars have never burned brighter.  Water has never tasted sweeter.  And the first hues of sunrise have never been more colorful.

Yesterday the Commerce Department reported that Q1 GDP increased at an annualized rate of 6.4 percent.  This marks the second highest rate of quarterly growth since 2003 – exceeded only by the epic bounce in third quarter 2020. Continue reading →

Posted in Inflation, MN Gordon | Tagged , , , , | 25 Comments

Biden’s Global Climate Summit Kicks Off Full-Tilt Wealth Redistribution

Posted on April 23, 2021 by MN Gordon

Yesterday (Thursday April 22) was Earth Day.  To mark the occasion, President Biden hosted something called a virtual Leaders’ Climate Summit.

The leaders of major carbon emitting nations joined virtually and pledged to decarbonize the global economy.  Biden even said he’d launch an international climate finance plan to underwrite it.

The virtual summit was a bullet point in Biden’s January 27, 2021, climate crisis executive order.  The stated intent of the order is:

“…to tackle the climate crisis at home and abroad while creating good-paying union jobs and equitable clean energy future, building modern and sustainable infrastructure, restoring scientific integrity and evidence-based policymaking across the federal government, and re-establishing the President’s Council of Advisors on Science and Technology.”  

The virtual summit, as far as we could tell, was a grand exercise in flattery and flagellation.  It was also a smoke and mirrors cover for something entirely different. Continue reading →

Posted in MN Gordon, Politics | Tagged , , , , | 25 Comments