Category Archives: MN Gordon
How the Fed Chokes the Economy
There’s no outlet in the San Joaquin Valley for the salt to flush. The valley is the basin’s terminus. Thus, in this grand paradox, the relative freshness of the excess water that is keeping the farmland alive is, at the same time, the source of the salt that is killing it. Continue reading
13 Reckonings for America
One of the noteworthy features of the political climate in the USA is the lack of agreement on what the facts are – and how the economy should be allowed to function. Should it be a hands-off laissez-faire economy? Should there be more regulatory intervention? Continue reading
Are You Unknowingly on a Suicide Mission?
The transfer of wealth from workers and savers to the government and the big banks rolled on this week with Swiss-like precision. The process is both mechanical and subtle. Here in the USA the automated elegance of this ongoing operation receives little attention. Continue reading
The Zealous Pursuit of Retail Therapy
Something remarkable happened following the election of Donald Trump as the 47th President of the USA. The Dow Jones Industrial Average (DJIA) topped the 44,000-point barrier for the first time ever. Then, several weeks later, it briefly eclipsed 45,000. Continue reading
