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Category Archives: Economy
Just Another American Story
This is a story that dates back over a billion years. To the Proterozoic Era. If you can stretch your mind to consider how long ago that was you can understand how sedimentary rock is formed and how it bonds you over eons to the natural world. Continue reading
Posted in Economy, MN Gordon
Tagged america, camp hillbilly, east tennessee, southern appalachia, thanksgiving
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The War and Peace of Secular Market Cycles
Projections from the Congressional Budget Office show Washington racking up an additional $20.2 trillion in debt over the next decade. That would put the national debt somewhere around $54 trillion. Continue reading
Posted in Economy, MN Gordon
Tagged congressional budget office, debt, default, interest rate, secular market cycles
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Coming Down from Cloud Cuckoo Land
In between the birth and death of capital there’s a wide-ranging succession. The lifecycle of capital generally follows that it is imagined, produced, consumed, and destroyed. How exactly this all takes place involves varying and infinite undulations. Continue reading
Posted in Economy, MN Gordon
Tagged bill bonner, schlitz beer, stroh brewery company, treasuries, wealth destruction
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On the Importance of Deflation and Depressions
Deflation, in essence, means a general reduction of prices. As opposed to inflation, deflation allows consumers to buy more goods or services tomorrow with the same money they have today. Savvy consumers will then delay purchases in anticipation they can buy more for less in the future. Continue reading
Posted in Economy, MN Gordon
Tagged currency, debt, debt ceiling, default, deflation, dollar
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