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Category Archives: MN Gordon
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
1 Comment
When Trumponomics Meets Abenomics
What will President Trump and Japanese Prime Minister Shinzo Abe talk about when they meet later today? Will they gab about what fishing holes the big belly bass are biting at? Will they share insider secrets on what watering holes … Continue reading
Posted in MN Gordon, Politics
Tagged abenomics, louvre accord, plaza accord, trade imbalance, trumponomics
7 Comments
Don’t Blame Trump When the World Ends
There was, indeed, a time when clear thinking and lucid communication via the written word were held in high regard. As far as we can tell, this wonderful epoch concluded in 1936. Everything since has been tortured with varying degrees … Continue reading
Posted in MN Gordon, Politics
Tagged business cycle, debt, john maynard keynes, paul krugman, president trump
19 Comments
Adventures in Currency Debasement
The U.S. dollar, as measured by the dollar index, has generally gone up since mid-2014. The dollar index goes up when the U.S. dollar gains strength (value) against a basket of currencies, including the euro, yen, pound, and several others. … Continue reading
Posted in Inflation, MN Gordon
Tagged currency debasement, deficit spending, dollar index, mexican miracle, moral decay
1 Comment