Category Archives: MN Gordon
An Absolute Disaster?
Last Thursday the DOW surpassed 17,000 for the first time ever. What a marvelous achievement. The combined forces of mass money creation and speculative fervor have bid up the market to levels a person of sound mind and honest intentions … Continue reading
Independence Day Hootenanny
Uncompromising independence, rugged individualism, and unbounded personal freedom were once essential to the American character. According to popular American folklore, they still are. We have some reservations. In the year 2014, the ideas that roused America’s War of Independence are, … Continue reading
Janet Yellen’s Unwise and Inhumane Policies
Federal Reserve Chair Janet Yellen says the 0.4 percent May CPI increase is noise. Perhaps she is right and it is noise. But just what type of noise is it? Is it the type of noise to ignore…like a street … Continue reading
The Paradox of Fed Credit
Last Tuesday the Bureau of Labor Statistics reported the Consumer Price Index increased 0.4 percent in May and 2.1 percent over the last 12 months. That means if you didn’t get a 2 percent raise this year you’re doing worse … Continue reading
