Tag Archives: business cycle

Dirty Investing

Temperatures in Brisbane, Australia, fell to their lowest level in 103 years.  On June 27, temperatures dropped all the way to 36o F.  The average for this time of year is 53o F. Here in the United States summer’s in … Continue reading

Posted in MN Gordon, Stock Market | Tagged , , , , | Leave a comment

Economic Blasphemy

Last week the Bureau of Economic Analysis made a revision.  You may have heard about it.  According to the government statisticians, first quarter GDP didn’t decline at an annual rate of 0.1 percent as previously estimated. Actually, when they re-counted … Continue reading

Posted in Economy, MN Gordon | Tagged , , , , | Leave a comment

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 , , , , , | Leave a comment

The End of Carte Blanche Bailouts

There’s a forthcoming crisis developing.  Stocks have run up over the last five years to new highs.  Many find this cause for celebration…we find it cause for alarm. Somewhere along their travels, stocks drifted out of orbit from the real … Continue reading

Posted in MN Gordon, Politics | Tagged , , , , , , | Leave a comment