Author Archives: MN Gordon
Peddling Loans and Lies to Kids
There’s nothing like an abundant flow of money and credit to push prices out of whack. Borrowing from tomorrow to buy today has the effect of boosting demand. Prices must rise to equilibrate the boost in demand. But prices can … Continue reading
Listening to the Canary
Listening to the Canary By Terry Coxon, Senior Economist During World War II, the British Royal Air Force (RAF) undertook a plan of misdirection to allow a squadron of bombers to approach an exceptionally valuable target in Europe undetected. The … Continue reading
The Next Big Crisis Moment You Can Bank On
Donald Rumsfeld has a way with words that is both simple and insightful. Obviously, not everyone’s valued his intelligence over the years. From what we gather, they called him Ronald Dumbsfeld when he worked for the Nixon administration. This name … Continue reading
This Market’s Ready to Implode
Until about this time last month, the world was practically flawless. Stocks were on the march. They were generally moving onward and upward as the Fed had ordained them. New Fed Chair, Janet Yellon, was finding her way too…completing the … Continue reading
