Category Archives: MN Gordon
Why America’s Money Supply Would Vanish Without Debt
These days the engine room of a bank no longer has a heavily fortified underground vault full of gleaming gold bullion. Instead, there’s merely a brightly lit open-office floor where loan officers electronically sign digital approval forms. Continue reading
The Hidden Engine of Booms and Busts
Imagine walking up to a bank counter, handing over a heavy leather pouch of fine silver coins, and receiving a simple piece of paper in return. That paper isn’t a promise that the bank hopes to honor if nobody panics. It isn’t tied to a liability for a complex loan scheme. It is a 100 percent backed warehouse receipt. Continue reading
How Surging Borrowing Costs Are Consuming the U.S. Budget
The U.S. government just closed the books on Fiscal Year 2026. The final budget report card, to be perfectly frank, is the stuff of banana republics. Continue reading
Big Tech’s Great Financial Gamble
Where is the AI boom going? Is it taking us to a place of economic and financial nirvana? Or are we on the road to catastrophe? Continue reading
