Category Archives: MN Gordon

An Open Letter to William Dudley

Dear Mr. Dudley, Your recent remarks in the wake of last week’s FOMC statement were notably unhelpful. In particular, your excuses for further rate hikes to prevent crashing unemployment and rising inflation stunk of rotten eggs. Crashing Unemployment Quite frankly, … Continue reading

Posted in Economy, MN Gordon | Tagged , , , , | 11 Comments

Monetary Madness and Rabbit Consumption

“The hurrier I go, the behinder I get,” is oft attributed to the White Rabbit from Lewis Carroll’s, Alice in Wonderland.  Where this axiom appears within the text of the story is a mystery.  But we suspect the White Rabbit … Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | Leave a comment

The Three Headed Debt Monster That’s Going to Rampage the Economy

“The bank is something more than men, I tell you.  It’s the monster.  Men made it, but they can’t control it.” – John Steinbeck, The Grapes of Wrath Mass Infusions of New Credit Something strange and somewhat senseless happened this … Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , | 1 Comment

Recession Watch Fall 2017

Treasury yields are attempting to say something.  But what it is exactly is open to interpretation.  What’s more, only the most curious care to ponder it. Like Southern California’s obligatory June Gloom, what Treasury yields may appear to be foreshadowing … Continue reading

Posted in Economy, MN Gordon | Tagged , , , , | 1 Comment