Category Archives: MN Gordon

The Origins of Central Banking

Ben Bernanke must think he’s an amateur entertainer.  Tomorrow, after 98 years of silence, the Fed Chairman will give the central bank’s first-ever press conference. Here at the Economic Prism we’ll be watching with wide eyes and anticipation…hoping for the … Continue reading

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

Something to Believe In

Something to Believe In “Congress is going to have to raise the debt limit,” said Treasury Secretary Timothy Geithner on Sunday’s Meet the Press. Poor Timothy Geithner.  Aside from the President he must have the worst job in the world.  … Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , | Leave a comment

How to Time the Market

Stocks may finally be topping out.  Or, perhaps, they are just consolidating for their next leg up.  How you see it depends on if you are a bull or a bear.  Here’s a look at recent market action… After trading … Continue reading

Posted in MN Gordon, Stock Market | Tagged , , | Leave a comment

The Powers of Nature

We greeted the news Friday night with the lethargic disappointment that comes with a second helping of cheese cake.  We’d longed for a government shutdown…and to see the army of beltway administrators without a purpose in life come Monday.  Instead … Continue reading

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