Author Archives: MN Gordon

Science for Madmen

These days private eccentricity has been eliminated like the carburetor. In its place, public madness, guided by science, now rules the land. Public policy, no matter how destructive, is forced upon the populous, so long as a scientific expert says so. Continue reading

Posted in MN Gordon, Politics | Tagged , , , , | 21 Comments

America Has an Epic Choice

America has an epic choice. And it has nothing to do with who will be the next president of the United States. It has nothing to do with if the new stimulus bill is $1.6 trillion or $2.2 trillion. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 23 Comments

“In America Money Does Grow on Trees”

The U.S. government, and by extension the American people, are fully committed to a program of currency debasement to inflate away the debt problem. They believe executing an implicit default via inflation is the easier and softer way. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 17 Comments

Maxine Waters Drops the Hammer on Powell and Mnuchin

This week Federal Reserve Chairman Jay Powell and U.S. Secretary of the Treasury Steven Mnuchin were called upon by the House Financial Services Committee to provide answers. Somehow, their efforts to deliver upon the directive of the CARES Act did not live up to certain expectations. Magic wands were waved. Yet they only made asset holders richer. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , , | 3 Comments