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Category Archives: MN Gordon
The Next Frauds to Come Down the Turnpike
The general suspicion that something just ain’t right with the economy has become an obvious reality. Hope and optimism that somehow things will muddle along, or improve, are fading. You can see it, feel it, and even smell it. For … Continue reading
Posted in MN Gordon, Stock Market
Tagged black friday, producer prices, retail sales, target, walmart
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Is Janet Yellen a Jenny Ass?
Federal Reserve Chair Janet Yellen’s at the top of her game. She knows exactly what to do. She’s a PhD economist, after all. Her various affiliations with the Fed go back nearly 40 years. She knows what the correct Fed … Continue reading
Posted in MN Gordon, Politics
Tagged federal funds rate, janet yellen, jenny ass, monetary policy, zirp
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Before the Devil Knows You’re Dead
Something rather strange is going on. Ten year Treasury yields and gold are simultaneously envisaging inflation and deflation. Yields on the ten year Treasury note have jumped from 1.98 percent to 2.34 percent during the last 30 days. Gold’s price, … Continue reading
Posted in Inflation, MN Gordon
Tagged apple orchards, enoch parrish, gold, oak glen, riley's farm, riley's farm theatre company, treasury yields
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Garbage In Garbage Out Economics
“On two occasions I have been asked, “Pray, Mr. Babbage, if you put into the machine the wrong figures, will the right answers come out? …I am not able rightly to apprehend the kind of confusion of ideas that could … Continue reading