Author Archives: MN Gordon
Dollar Debasement Ad Infinitum
If there’s one thing to understand about what’s going on in the political economy today, it is the fundamentals of debt. You do not need to be a bean counter or get too deep into the weeds to get a handle on things. Continue reading
Why Radical Spending Cuts Are Needed
The International Monetary Fund, a creature birthed at the Bretton Woods Conference in July 1944, turned 80 years old this week. Its bureaucrats are worried. Continue reading
Something to Crow About
What good would an American presidential election be in the year 2024 without an assassination attempt? Continue reading
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
