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Author Archives: MN Gordon
Living the Lie
The problem with government propaganda, among many, is that it denies the truth. It attempts to induce people, through repeated justifications, to accept an official narrative that anyone with a small modicum of curiosity knows to be a lie. Continue reading
Posted in Economy, MN Gordon
Tagged baseless disinformation, bureau of labor statistics, eh carr, propaganda, truth
21 Comments
Mission Accomplished?
About the time the most trusted man in America, Walter Cronkite, signed off from the CBS Evening News for the last time, something momentous happened in the U.S. credit market. Few people, apart from Bill Gross and A. Gary Shilling, understood what was going on. Continue reading
Posted in MN Gordon, Politics
Tagged consumer price index, debt, interest rate, jerome powell, treasuries
23 Comments
Are You the Collateral Damage of Central Planners?
The Conference Board – a nonprofit think tank that delivers cutting edge research – recently published its latest Leading Economic Index (LEI) for the United States. The findings were a giant bummer. In December, the LEI dropped for the tenth consecutive month. Continue reading
Posted in MN Gordon, Politics
Tagged business cycle, central planning, collapse, debt, federal reserve
25 Comments
Debt Ceilings are for Idiots
The great dollar devaluation is the consequence of decades of rampant currency debasement policies. The mechanics are executed in tandem between the Federal Reserve and the Treasury. The Fed supplies the credit – created out of thin air. The Treasury borrows it from the Fed. And spends it. Continue reading
Posted in Government Debt, MN Gordon
Tagged congress, debt, debt ceiling, default, dollar, janet yellen
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