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Author Archives: MN Gordon
The Road to America’s Golden Age
Hey! Rub-a-dub-dub. Trump won! Make a toast or say a prayer. It all depends on your political and spiritual preferences. There are times to kiss the bottle. So, too, there are times to kneel in church. Perhaps now is the time for both.
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Posted in Economy, MN Gordon
Tagged budget deficit, debt, donald trump, elon musk, spending cuts
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Inflation and Chaos
Data can be contrived to tell whatever story the author desires. Data contrived by government agencies is particularly susceptible to the imposed will of the overseeing administration. Policy makers want the data to make them look good and to justify their decisions. Continue reading
Posted in MN Gordon, Politics
Tagged consumer price index, donald trump, jerome powell, kamala harris, treasuries
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Dumb Reasons Why More QE Is Coming
Debt, deficits, and debt interest payments have crippled America’s finances in a way that only a government of corrupt clowns could have made possible. Decades of overspending are coming home to roost. We all get to live with the consequences. Continue reading
Posted in Government Debt, MN Gordon
Tagged congress, debt, federal reserve, QE, treasuries
2 Comments
Whip Inflation Never
The storyline all year from the Federal Reserve and the Treasury was that consumer price inflation was coming down. That it would soon be within the Fed’s arbitrary 2 percent target. That the runaway inflation over the last few years was a mere pothole in the road to greater prosperity. Continue reading