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Category Archives: Inflation
Hell To Pay
Economic nonsense comes a dime a dozen. For example, Federal Reserve Chair Janet Yellen “think(s) we have a healthy economy now.” She even told the University of Michigan’s Ford School of Public Policy so earlier this week. Does she know … Continue reading
Posted in Inflation, MN Gordon
Tagged business cycle, federal reserve, GDP, janet yellen, jobs
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The Long Run Economics of Debt Based Stimulus
Something both unwanted and unexpected has tormented western economies in the 21st century. Gross domestic product (GDP) has moderated onward while government debt has spiked upward. Orthodox economists continue to be flummoxed by what has transpired. Here is the United … Continue reading
Posted in Inflation, MN Gordon
Tagged debt ceiling, default, dollar, gold, john maynard keynes
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Off the Beaten Path in Mesoamerica
There’s an endearing quality to a steadfast rooster call at the crack of dawn when overheard from a warm country farmhouse. There’s a reassuring charm that comes with the committed gallinaceous greeting of daybreak that’s particularly suited to a rural … Continue reading
Posted in Inflation, MN Gordon
Tagged central banking, colonia la malinche, mesoamerica, mexico city, peso
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The Art and Pseudoscience of Monetary Policy
Everyone’s got a plan for sale these days. In fact, there are so many plans out there we cannot keep up with them all. Eat celery sticks and lose weight. Think and grow rich. Stocks for the long run. Naturally, … Continue reading
Posted in Inflation, MN Gordon
Tagged consumer price index, government meddling, interest rate, janet yellen, pseudoscience
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