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Gold Price (Dollars per Oz)
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Category Archives: Inflation
Is Fed Chair Nominee Jay Powell, Count Dracula?
The gray hue of dawn quickly slipped to a bright clear sky as we set out last Saturday morning. The season’s autumn tinge abounded around us as the distant mountain peaks, and their mighty rifts, grew closer. The nighttime chill … Continue reading
Posted in Inflation, MN Gordon
Tagged count dracula, federal reserve, jay powell, oak glen, riley's farm theatre company, transylvania
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The Downright Sinister Rearrangement of Riches
Let’s begin with facts. Cold hard unadorned facts. Water boils at 212 degrees Fahrenheit at standard atmospheric pressure. Squaring the circle using a compass and straightedge is impossible. The sun is a star. Facts, of course, must not be confused … Continue reading
Posted in Inflation, MN Gordon
Tagged consumer price index, debt, federal reserve, government meddling, john maynard keynes
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Janet Yellen’s 78-Month Plan for the National Monetary Policy of the United States
Adventures in depravity are nearly always confronted with the unpleasant reality that stopping the degeneracy is much more difficult than starting it. This realization, and the unsettling feeling that comes with it, usually surfaces just after passing the point of … Continue reading
Posted in Inflation, MN Gordon
Tagged balance sheet, federal reserve, government meddling, janet yellen, monetary policy
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Yanking the Bank of Japan’s Chain
Based on the simple reflection that arithmetic is more than just an abstraction, we offer a modest observation. The social safety nets of industrialized economies, including the United States, have frayed at the edges. Soon the safety net’s fabric will … Continue reading
Posted in Inflation, MN Gordon
Tagged arithmetic, bank of japan, cash cards, gabriel stein, haruhiki kuroda
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