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Monthly Archives: August 2013
Things Are Getting Better and Other Popular Lies
The President says things are getting better. The economy’s improving. There will be prosperity for all in our time. But if you live outside the Washington beltway, and earn your living through honest means, you know this is essentially a … Continue reading
Posted in Economy, MN Gordon
Tagged ben bernanke, consumer price index, currency, dollar, federal reserve, government meddling, john maynard keynes
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Something Big is Coming
How things change. A year ago the Midwest and Mississippi Basin were suffering the worst drought since 1956. Corn stalks were rapidly going brown and corn prices were rapidly going up. The next food crisis was imminent. We even wrote … Continue reading
Posted in MN Gordon, Stock Market
Tagged business cycle, food prices, nonlinear, S&P500, treasuries
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Mrs. Knott’s Chicken Dinner Restaurant Inflation Instruction
Sometime in the 1920s Walter Knott, an unsuccessful farmer, nursed several dying berry vines back to life at his Buena Park, California, farm. Little did he know, his fortunes were about to change. These unique vines were created by Rudolph … Continue reading