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Monthly Archives: February 2015
From Bad to Worse in a Big Way
Just when it appeared that a $50 per barrel floor had been put under the price of oil, something unexpected happened. The price of oil dropped over 2 percent to about $48.74 a barrel. What’s more, it could fall much, … Continue reading
Posted in MN Gordon, Politics
Tagged debt, federal reserve, government action, janet yellen, oil prices
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The End of the New Paradigm
There is a pleasant mist in the air which conceals the depths of the disorder with earnest efficiency. Cavernous divergences exist between the financial economy and the real economy. Yet only the crankiest will speak of them. The union in … Continue reading
Posted in Government Debt, MN Gordon
Tagged ben stein, debt, default, herbert stein, scientific law
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The Sickness that Never Ends
It’s a wacky and wild world out there. We don’t know what to make of it anymore. The tried and true has disappeared from common circulation like pre-1965 quarter dollars. What remains is a lot of claptrap. For example, we’ve … Continue reading
Posted in Inflation, MN Gordon
Tagged bank of japan, ben bernanke, federal reserve, janet yellen, monetizing debt, saving
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The Perfect Time to Save for a Rainy Day
Today we gaze back to the past so we can peer forward to the future. What does yesterday tell us about today? What does today tell us about tomorrow? For example, eleven year ago the global economy was in the … Continue reading
Posted in Inflation, MN Gordon
Tagged currency debasement, economic growth, investing, mortgage equity withdrawal, saving
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