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Monthly Archives: November 2020
The Sisyphean Folly of Printing Press Money
We are living the Sisyphean folly of printing press money. With each passing decade, extreme monetary and fiscal policies distort the economy and financial market in irregular and insane ways. When the lopsided effects become wholly unstable the inevitable crisis arrives. Continue reading
Posted in Inflation, MN Gordon
Tagged albert camus, dollar debasement, printing press money, sisyphus, zeus
13 Comments
The U.S. Government Will Inflate To The Bitter End
Without question, the student debt crisis is a disgrace. There are roughly 45 million student loan borrowers who owe on the order of $1.6 trillion. Most of this debt is from federal student loans. Continue reading
Posted in MN Gordon, Politics
Tagged alexandria ocasio-cortez, bubble, federal student loans, joe biden, student loan debt
21 Comments
Loathe for the Stimulus Era
The days in the northern hemisphere inch shorter. The predawn darkness greets us as we step down our front stoop in the morning. Nightfall welcomes us when we return in the evening. Yet while the days inch shorter. The stock market zigs and zags. One day it’s fear. The next day it’s greed. Continue reading
Posted in Economy, MN Gordon
Tagged coronavirus, debt, federal reserve, jerome powell, stimulus
20 Comments
America’s Recline and Flail Goes On
Nothing’s shocking in 2020. Not lockdowns. Not pandemic hysteria. And certainly not election chaos. To the latter, it was expected all along. Continue reading
Posted in Government Debt, MN Gordon
Tagged election chaos, empire, fake money, progressive socialist, shabby politicians
26 Comments