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Category Archives: MN Gordon
Manna from Heaven
Modern day monetary policy’s something we disparage around here at the Economic Prism. Relegating what price to set the key lending rate to a cadre of unelected technocrats is a contradiction of life in a free society. That’s how we … Continue reading
Posted in MN Gordon, Stock Market
Tagged alan greenspan, ben bernanke, DOW, federal reserve, janet yellen
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All Bets Are Off
Stock markets across the planet gazed out across the economic landscape yesterday and vomited all over themselves. After that, they convulsed and dry heaved again and again. For the global economic disfiguration has grown so grotesque, so awesomely awful, that … Continue reading
Posted in MN Gordon, Stock Market
Tagged collapse, DOW, Nikkei 225, shanghai composite index, stock market crash
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The Fed’s Edifice Crumbles Away
There have been many appeals to ignorance over the last several years with respect to the effectiveness of monetary policy. One popular tactic of policy goons is to point to an improved economic statistic – like unemployment – and self-adulate … Continue reading
Posted in MN Gordon, Politics
Tagged collapse, DOW, federal reserve, government meddling, janet yellen
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The Fatal Dangers of a Fading Bull Market Run
It is too bad that mobile devices don’t set off a signal before their users do something terminally stupid. Perhaps a warning alarm would help them change course. Rather than texting and walking in front of a city bus, the … Continue reading