Category Archives: Inflation

The Three Stages of Modern Monetary Theory

Posted on May 10, 2019 by MN Gordon

Some ideas are so bad they’re best ignored.  Like resentments – or stray cats – if you don’t feed them, they’ll go away.  Before long, they’re forgotten altogether. That has been our approach to Modern Monetary Theory (MMT).  The idea’s so obviously foolish, reckless, and outright suicidal.  Why feed this dorkus maximus of economic thought? Continue reading →

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Is Inflation Beginning? Are You Ready?

Posted on March 22, 2019 by MN Gordon

“Those who cannot remember the past are condemned to repeat it,” remarked George Santayana over 100 years ago. These words, as strung together in this sequence, certainly sound good. But how to render them to actionable advice is less certain. Continue reading →

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Why Warren Buffett Should Buy Gold

Posted on March 1, 2019 by MN Gordon

Warren Buffett bought his first shares of stock at 11 years old. He saved up $114.75 and “went all in,” purchasing three shares of Cities Service preferred stock. The day was March 11, 1942 – nearly 77 years ago. Buffett recently reminisced about this purchase in his annual letter to shareholders: “I had become a capitalist, and it felt good.” Continue reading →

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“The Future Ain’t What It Used to Be”

Posted on February 15, 2019 by MN Gordon

The populace, through a long sequence of self-inflicted economic and social depravities, has a bazillion and one fire ants up its pantaloons. What’s more, they don’t like the uneven mix of pain and panic this provokes. But they aren’t quite sure how to put a stop to it. Continue reading →

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