Tag Archives: boom and bust
Where Did Neel Kashkari’s Infinite Cash Go?
On April 10, 2020, at the apex of mass coronavirus hysteria, Minneapolis Fed President Neel Kashkari appeared on 60 Minutes. With eyes bugging out of his head, he offered a critical insight. That the Federal Reserve has “infinite cash” and will do whatever it needs to make sure there is enough cash in the banking system. Continue reading
Posted in MN Gordon, Politics
Tagged $700 billion, boom and bust, infinite cash, neel kashkari, tarp
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Lower Gas Prices and the New Global Recession
How about these gas prices? They’re incredible. A recent AAA fuel gauge report marked the national average for a gallon of regular gas at just $2.03. That’s down 38 percent from $3.28 a year ago. At current prices it’s estimated … Continue reading
Posted in Economy, MN Gordon
Tagged boom and bust, collapse, crosby north dakota, oil prices, recession
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