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Category Archives: Politics
Peddling Loans and Lies to Kids
There’s nothing like an abundant flow of money and credit to push prices out of whack. Borrowing from tomorrow to buy today has the effect of boosting demand. Prices must rise to equilibrate the boost in demand. But prices can … Continue reading
Posted in MN Gordon, Politics
Tagged 401K, bubble, business cycle, debt, government meddling, student loans
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Give Trains a Chance
Chinese exports and imports slipped in March. According to trade data from Beijing released Wednesday, exports declined 6.6 percent from this time last year. Moreover, imports dropped 11.3 percent. If you can believe it, China’s first quarter GDP rose just … Continue reading
Posted in MN Gordon, Politics
Tagged central planning, china, GDP, public spending, trains
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The Three Stooges Debunk myRA
The Three Stooges Debunk myRA By Dennis Miller, Editor, Money Forever A little skit ran through my head the other day… The house lights dimmed and the bright American flag glistened in the background. The crowd hushed as a tall … Continue reading
Posted in Dennis Miller, Politics
Tagged MyRA, ponzi, retirement, saving, three stooges, uncle sam
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How to Achieve Honest Banking
Today we take pause from the markets to bring you a brief review of new research by economists at the New York Federal Reserve. On Tuesday, they published a special Economic Policy Review series. It includes 11 research papers, providing … Continue reading
Posted in MN Gordon, Politics
Tagged big banks, economic policy review, federal reserve, honest banking, moral hazard, too big to fail
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