Author Archives: MN Gordon
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
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
Crisis in the Making
Did you know that the Federal Deposit Insurance Corporation (FDIC) keeps a secret list of problem banks? These are banks that are at risk of failing financially. Continue reading
Double Nickels on the Dime
Lost in the election year noise and the zealous pursuit of World War III is one overarching fact. The USA is rapidly going broke. And no one can stop it. Continue reading
