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Category Archives: MN Gordon
Economic Profanity
Significant changes are taking place. As we noted several weeks ago, for the first time in 27 years wealth is not flowing into emerging markets. It’s flowing out. The global economy everyone has known since the late 1980s is being … Continue reading
Posted in Government Debt, MN Gordon
Tagged china, currency, debt, default, dollar, treasuries
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Abolish the Federal Debt Limit
One trouble with government programs is they mislead people. Recipients believe they are getting a benefit when, in effect, they are unwittingly being placed in harm’s way. Time and time again, under the influence of a benevolent hand of government, … Continue reading
Posted in Government Debt, MN Gordon
Tagged debt ceiling, default, retirement, saving, social security, taxes
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Potato Sack Economics
Fiscal policy, as opposed to monetary policy, is more readily understood by the general populace. Income taxes, budget deficits, the national debt. These are all tangible things the average working stiff can grasp a hold of, if they care to. … Continue reading
Posted in Inflation, MN Gordon
Tagged federal reserve, government meddling, interest rate, monetizing debt, price distortions
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More Monetary Policy Madness
Something extraordinarily uncommon is happening. Something that hasn’t happened since 1988…back when the U.S. federal debt was just $2.6 trillion. According to the Institute of International Finance, wealth is not flowing into emerging markets for the first time in 27 … Continue reading