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Monthly Archives: March 2011
Advice Worth Considering
The Ides of March “Beware the Ides of March,” warned a soothsayer on March 15, 44 B.C. “Well, the Ides of March have come,” joked Julius Caesar. “Ay, they have come,” replied the soothsayer, “but they are not gone.” Before … Continue reading
A Monument to Ugliness
Here in the land of fruits and nuts we paid $3.89 for a gallon of the cheap stuff on Monday night. No doubt, gas prices will soon top $4 per gallon. No doubt, these gas prices bite. But not only … Continue reading
Posted in Economy, MN Gordon
Tagged federal reserve, gas prices, monetizing debt, QE2, QE3
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Is the Risk Worthy of the Reward?
Grab your party hat and whistle. It’s time to celebrate. Tomorrow’s the two year anniversary of the stock market boom that followed the 2008 financial panic. What a boom it has been. The S&P500’s up nearly 95 percent since the … Continue reading
Anything’s Possible
The captain manning the monetary controls is quite a tricky fellow. On Tuesday, in an appearance before the Senate Banking Committee, Federal Reserve Chairman Ben Bernanke was remarkably cunning and astute. Through measured sentences and stately prose he told nothing … Continue reading
Posted in Inflation, MN Gordon
Tagged ben bernanke, consumer price index, senate banking committee
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