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Monthly Archives: July 2024
Why Radical Spending Cuts Are Needed
The International Monetary Fund, a creature birthed at the Bretton Woods Conference in July 1944, turned 80 years old this week. Its bureaucrats are worried. Continue reading
Something to Crow About
What good would an American presidential election be in the year 2024 without an assassination attempt? Continue reading
Posted in MN Gordon, Politics
Tagged 2024 presidential election, caligula assassination, donald trump, joe biden, rome
1 Comment
Fed to End Inflation Fight Before Job is Done
Fed rate cuts in the face of a CPI reading that’s above its inflation target won’t immediately boost economic growth. But they may buy a little relief on the Treasury’s net interest on the debt budget item. So, too, they may serve to incite another inflation flareup. Gold, if you hadn’t noticed, is back over $2,400 per ounce. Continue reading
Posted in Inflation, MN Gordon
Tagged collapse, federal reserve, jerome powell, medici bank, treasuries
1 Comment
Red, White, and Blue
The days are long and hot in the Northern Hemisphere when real American patriots spit upon their hands and hoist the red, white, and blue. On July 4th, the free and brave, with duty and self-sacrifice, begrudgingly accept federal holiday pay to stand tall upon their own two feet. Rugged individualism and uncompromising independence are essential to their character. Continue reading
Posted in Business, MN Gordon
Tagged creative destruction, danny way, independence day, plan b, steve rocco, the man who souled the world
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