Author Archives: MN Gordon
Can Returning to Gold Solve Decades of Reckless Federal Spending?
All world leaders come with big egos. It’s a prerequisite for the job. These outsized egos compel presidents, prime ministers, supreme leaders, and other alphas to overestimate their abilities. Continue reading
The Blue Tsunami
As expected, the Democrats took both the House and the Senate, as well as a slew of key gubernatorial victories deep into red territory. The papers were soon awash with news of the “blue tsunami”… Continue reading
Why America’s Money Supply Would Vanish Without Debt
These days the engine room of a bank no longer has a heavily fortified underground vault full of gleaming gold bullion. Instead, there’s merely a brightly lit open-office floor where loan officers electronically sign digital approval forms. Continue reading
The Hidden Engine of Booms and Busts
Imagine walking up to a bank counter, handing over a heavy leather pouch of fine silver coins, and receiving a simple piece of paper in return. That paper isn’t a promise that the bank hopes to honor if nobody panics. It isn’t tied to a liability for a complex loan scheme. It is a 100 percent backed warehouse receipt. Continue reading
