Tag Archives: central planning

Your Figuring Central Planners At Work

The central planners never hit their inflation targets. But, in spraying the economy with birdshot, they cause massive disruption. This aside, assuming the central planners at the Fed could target price inflation, what rate of inflation would they precisely pinpoint? Continue reading

Posted in Economy, MN Gordon | Tagged , , , , | 16 Comments

The Hollow Promise of a Statist Economy

Not a day goes by that doesn’t supply a new specimen of inane disclarity. Muddy ideas are dredged up from tainted minds like lumps of odorous pond muck. We do our part to clean up the mess, whether we want to or not. Continue reading

Posted in Economy, MN Gordon | Tagged , , , , | 3 Comments

Getting to a Special State of Ugly

The world, circa 2019, is a fabricated reality. Debt, piled upon debt, piled upon debt, ad infinitum, has erected a financial order that’s at perilous odds with the underlying economy. Central bankers attempt to manipulate fake money and fake foreign exchange rates to keep the debt pile from cascading down. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 18 Comments

Tending Towards Maximum Perversity

According to Finagle’s corollary to Murphy’s law, “Anything that can go wrong, will—at the worst possible moment.”  Taken a degree further, per O’Toole’s corollary of Finagle’s law, and the second law of thermodynamics, “The perversity of the Universe tends towards a maximum.” Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , | 1 Comment