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Monthly Archives: February 2021
Jerome von Havenstein: Inflation Or Bust
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 a central banker’s central banker. He was good at it. Continue reading
Posted in Economy, MN Gordon
Tagged dollar, federal reserve, interest rate, jerome powell, rudolf von havenstein
25 Comments
The Great Egghead Caper
The eggheads, you see, through policies of dollar debasement, are robbing what remains of the private capital stock of individual citizens. This is the great egghead caper. Continue reading
Posted in Government Debt, MN Gordon
Tagged egghead, government meddling, janet yellen, jerome powell, louis bromfield
23 Comments
By Big Government For Big Government
Remember, consumer price inflation is merely the effect. Inflation, in its truest sense, is inflation of the money supply. That’s where inflation starts. That’s where the culprit resides. Continue reading
Posted in Government Debt, MN Gordon
Tagged arbitrary government, fiscal stimulus, ludwig von mises, statism, totalitarianism
25 Comments
Did You Make Janet Yellen Rich?
Up until the WallStreetBets crowd short squeezed Melvin Capital for a $7 billion loss, Robinhood had it made. But losing billions is stressful. And when your product blows up your customer the clucking that follows comes hot and heavy. Continue reading
Posted in MN Gordon, Stock Market
Tagged citadel, janet yellen, melvin capital, robinhood, vlad tenev, wallstreetbets
13 Comments