Category Archives: MN Gordon
How to Fight the Investment Enemies Now Mobilizing
The lessons of 2008-09 leave many smart and intelligent people’s finances as unsuspectingly vulnerable as Paris in the spring of 1940. Treasury bills provided cover and safety when the stock market was falling in late 2008 and early 2009. This strategy may not work so well during the next crisis. Continue reading
Winnie the Pooh’s Adventures In Fairyland
Up until the Evergrande Group began stiffing creditors, Xi Jinping had it made. But being a communist dictator is serious business. And when the Ponzi finance structure underlying your country’s second largest property developer begins cascading down it’s no laughing matter. Continue reading
President Biden’s New Plan to Tackle Rising Food Prices
Government intervention discourages production, inflates prices, and, if pushed far enough, leads to empty shelves at the supermarket. After that, it leads to empty stomachs…and the social chaos that follows. Continue reading
Pipe Dream Economics
Fiscal policy, as opposed to monetary policy, is more readily understood by the average working stiff. Income taxes, budget deficits, the national debt. These are all tangible things people can grasp a hold of, if they care to. The consequences of zero interest rate policy (ZIRP) or quantitative easing (QE), however, are less obvious to the casual observer. Continue reading
