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Monthly Archives: January 2013
Currency Wars and the New Age of Desperation
It must have seemed like a good idea at the time. Of course, the time is always right for government policy makers to improve upon the natural order of things. In their dim minds, the unintended consequences of their actions … Continue reading
Posted in Inflation, MN Gordon
Tagged bank of japan, bubble, business cycle, china, crash, currency, currency wars, debt, government meddling, yen
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When Not to Buy Stocks
The stock market’s really going for it. The S&P 500’s just a scratch from its October 9, 2007, all-time high of 1,565. Is it time to pop the champagne bottle and celebrate? We’ll let you decide. But do you recall … Continue reading
Posted in MN Gordon, Stock Market
Tagged bubble, business cycle, collapse, food prices, GDP, S&P500
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Davos Polka Dance
[Editor’s note: Parts of today’s Economic Prism appeared nearly a year ago under the title Davos Hootenanny and Salvation Call. Herein we’ve merely updated it for this year’s Davos Polka Dance.] Pockets of Liberty Despite the reformers endless efforts to … Continue reading
Posted in MN Gordon, Politics
Tagged davos, government meddling, world economic forum, world improvers
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The End of Coercive Transfer Payments
“To the wise, life is a problem; to the fool, a solution.” – Marcus Aurelius Harry Reid is a Deadbeat “We are not a deadbeat nation,” said President Obama on Monday. When you consider the many fine individuals that comprise … Continue reading
Posted in MN Gordon, Politics
Tagged congress, freedom, harry reid, medicare, social security, taxes, transfer payments
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