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Category Archives: MN Gordon
The Upshots of the New Housing Bubble Fiasco
The epic housing bubble and bust in the mid-to-late-2000s was dreadfully disruptive for many Americans. Some never recovered. Now the central planners have done it again… Continue reading
Posted in Economy, MN Gordon
Tagged blackrock, fannie mae, freddie mac, government sponsored enterprises, housing bubble, invitation homes
34 Comments
Hey, St. Louis Fed!… Go Tofurkey Yourself!
Here at the Economic Prism we believe individuals should be free to choose what they want in life, so long as they don’t commit aggression against another man’s person or property. By this, the St. Louis Fed’s free to eat fake turkey on Thanksgiving. We won’t stand in the way. Continue reading
Posted in Inflation, MN Gordon
Tagged fake turkey, freedom, st louis fed, thanksgiving, tofurkey
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Boondoggle Democracy for the Elites
President Joe Biden puffed out his chest. He grinned from ear to ear. He’d finally accomplished something as President. The passing of a $1.2 trillion infrastructure boondoggle. Continue reading
Posted in Government Debt, MN Gordon
Tagged boondoggle, debt, default, infrastructure bill, interest rate
24 Comments
Pre-2020 Prices are Gone Forever
Price inflation is completely out of hand. You know this. Your dog knows it too. Still, President Joe Biden wants you to believe he’s got it all under control. Last month, for example, White House Press Secretary Jen Psaki insisted inflation is decreasing. What a crock! Continue reading
Posted in Inflation, MN Gordon
Tagged consumer price index, currency, dollar, federal reserve, jerome powell
63 Comments