Category Archives: Inflation

Death to Zombies

Rising interest rates, no doubt, bring death to zombies. By zombies, we’re referring to those companies in the second camp that would have died long ago, if not for the sustenance of artificially suppressed cheap credit. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 23 Comments

The Sordid Politics of Inflation

President Joe Biden just crapped the bed. Again! The near octogenarian thought he’d struck a secret deal back in July. You may have seen Biden’s fist bump with Saudi Crown Prince Mohammed bin Salman at the time. The non-binding agreement called for increased oil production until at least December, after the midterm elections. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 24 Comments

Operation Break Stuff

Stagflation, sinking labor productivity, severe levels of public and private debt, a splintered real estate market… You name it. The economy’s crashing and burning like an old Cutlass Supreme. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 26 Comments

Paying the Price for Krugman’s Terrible Mistake

Clear economic thinking and lucid communication via the written word tumbled out of fashion nearly 100 years ago. The fall from grace was triggered by the 1936 publication of John Maynard Keynes’ The General Theory of Employment, Interest and Money. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 22 Comments