-
-
-
Gold Price (Dollars per Oz)
![[Most Recent Quotes from www.kitco.com]](https://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
Author Archives: MN Gordon
Will Larry Summers Save the World Again?
Modern macroeconomics is a boring and dreary trade. The monthly report outs on GDP, unemployment, inflation, and other data aggregates, are a dull waste of time. What decisions could you possibly make to improve your lot in life from these data reports? Continue reading
Posted in MN Gordon, Politics
Tagged committee to save the world, federal reserve, janet yellen, jerome powell, larry legend, larry summers
2 Comments
Why Consumer Price Inflation Is Here To Stay
The ability of U.S. central planners to export price inflation to China is finally breaking down. This ability masked the effect of loose fiscal and monetary policies in the U.S. for several decades, as the consequences of enormous deficits and radical money supply expansion were offset by low cost consumer goods. Those days are over. Continue reading
Posted in Inflation, MN Gordon
Tagged china, consumer prices, jerome powell, people's bank of china, raw materials
24 Comments
Financial Repression 101
Bad ideas are flourishing like Washington lobbyists. Just look around. It’s near impossible to blink without countless crackpot ideas coming into view. What’s more, the worse an idea is, the more popular it becomes. Continue reading
Posted in Government Debt, MN Gordon
Tagged debt monetization, federal reserve, financial repression, interest rate, S&P500
17 Comments
