Tag Archives: central planning

Getting to a Special State of Ugly

Posted on August 9, 2019 by MN Gordon

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

Posted on July 19, 2019 by MN Gordon

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

Feeling the Heat of a Civilization on the Downside

Posted on June 21, 2019 by MN Gordon

The political, financial, economic, and social foundations that have been in place over the last 75 years – and perhaps, over the last 220 years – are breaking down.  And no policy directive, no interest rate adjustment, no trade tariff, no five year plan, no extraordinary measures, no green new deal, and no technocratic prevarication is going to stop it.  Big Government doesn’t stand a chance. Continue reading →

Posted in Inflation, MN Gordon | Tagged , , , , | 1 Comment

Fed Chair Powell’s Plan to Pickle the Economy

Posted on June 14, 2019 by MN Gordon

Once a cucumber becomes a pickle it can never be a cucumber again. Indeed, financial markets have been pickled over to no end. What’s more, Fed Chair Powell’s efforts to unpickle QE were met with howls from the President, Wall Street, and Larry Kudlow. Continue reading →

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