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Monthly Archives: October 2021
Bidenvilles for Christmas
Here in the land of fruits and nuts things have always been a little whacky and wild. The people and the politics in the state’s urban centers have the uncanny ability to bring out the worst in each other. The coronavirus travesty has only magnified these character failings. Continue reading
Posted in Economy, MN Gordon
Tagged bidenville, big:leap, long beach, the jungle, tin foil hats
35 Comments
Walking the Path of Self Destruction
The era of stimmy checks and cheap consumer goods was fun while it lasted. Like a hot lunch, it always tastes better when free. The smell is more aromatic. The bites are more flavorful. Most of all, the belly leaves the table more contented. But is a free lunch ever really free? Continue reading
Posted in Economy, MN Gordon
Tagged atlanta federal reserve, gdpnow, government meddling, monetizing debt, no free lunch
17 Comments
Are You Prepared for the Mass Repricing of Goods and Services?
Rising consumer price inflation is not going away. This, of course, is counter to the “transitory” argument made by Federal Reserve Chairman Jerome Powell earlier this year. Continue reading
Posted in Inflation, MN Gordon
Tagged debt ceiling, dollar, jerome powell, levi strauss, raphael bostic
36 Comments
How to Fight the Investment Enemies Now Mobilizing
The lessons of 2008-09 leave many smart and intelligent people’s finances as unsuspectingly vulnerable as Paris in the spring of 1940. Treasury bills provided cover and safety when the stock market was falling in late 2008 and early 2009. This strategy may not work so well during the next crisis. Continue reading
Posted in MN Gordon, Politics
Tagged andre maginot, debt limit, federal reserve, great depression, greenspan put
1 Comment