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Category Archives: Inflation
Are You Prepared for the Mass Repricing of Goods and Services?
Rising consumer price inflation is not going away. This, of course, is counter to the “transitory” argument made by Federal Reserve Chairman Jerome Powell earlier this year. Continue reading
Posted in Inflation, MN Gordon
Tagged debt ceiling, dollar, jerome powell, levi strauss, raphael bostic
36 Comments
President Biden’s New Plan to Tackle Rising Food Prices
Government intervention discourages production, inflates prices, and, if pushed far enough, leads to empty shelves at the supermarket. After that, it leads to empty stomachs…and the social chaos that follows. Continue reading
Why Big Government Statists Despise Gold
Gold to paper currency conversion once exacted limits upon the public purse. The Treasury, in concert with the Federal Reserve, could not issue unlimited debt based money. But that was before the U.S. severed the dollar’s relationship to gold and commenced the dollar reserve standard. Continue reading
Posted in Inflation, MN Gordon
Tagged bretton woods, debt, default, dollar, gold, richard nixon
32 Comments
What Happens When the Chickens Come Home to Roost?
What happens when the chickens come home to roost? This is today’s question. But what is the answer? In just a moment we’ll offer several thoughts and ruminations. First, however, we must take stock of the chickens… Continue reading
Posted in Inflation, MN Gordon
Tagged ben bernanke, collapse, consumer price index, federal reserve, jerome powell
24 Comments