Monthly Archives: February 2020

The Secret to Fun and Easy Stock Market Riches

On Tuesday, at the precise moment Federal Reserve Chairman Jay Powell commenced delivering his semiannual monetary policy report to the House Financial Services Committee, something unpleasant happened. The Dow Jones Industrial Average (DJIA) didn’t go up. Rather, it went down. Continue reading

Posted in MN Gordon, Stock Market | Tagged , , , , | 13 Comments

The Triumph of Madness

Rudolf von Havenstein had been president of the Reichsbank – the German central bank – since 1908. He knew the workings of central bank debt issuances better than anyone. He was good at it. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 14 Comments