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Tag Archives: collapse
How Faux Capitalism Works in America
The 2008 financial crisis helped clarify how faux capitalism works in America. That when the big corporations and the big banks get in trouble, the people on top quickly absolve culpability while appropriating public funds from their friends at the Treasury for the purpose of private bailouts. This, in effect, socializes the losses across bottom rungs of society and concentrates profits across the top. Continue reading
The Zealous Pursuit of State Sponsored Wealth Destruction
The lifecycle of capital follows a wide-ranging succession. It is imagined, produced, consumed, and destroyed. How exactly this all takes place involves varying and infinite undulations. One generation may produce wealth. While the next generation burns through it. Various facets … Continue reading
Posted in Inflation, MN Gordon
Tagged collapse, consumer price index, federal reserve, jerome powell, president trump, wealth destruction
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Pushing Past the Breaking Point
Mankind’s willful determinations to resist the natural order are in vain. Still, he pushes onward, always grasping for the big breakthrough. The allure of something for nothing is too enticing to pass up. Systems of elaborate folly have been erected … Continue reading
Posted in MN Gordon, Stock Market
Tagged collapse, commerce department, GDP, government meddling, S&P500
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Honest Work for Dishonest Pay
Over the past decade, in the wake of the 2008-09 debt crisis, the impossible has happened. The sickness of too much debt has been seemingly cured with massive dosages of even more debt. This, no doubt, is evidence that there … Continue reading
Posted in Inflation, MN Gordon
Tagged business cycle, collapse, fake money, jerome powell, milk cow
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