Tag Archives: congress

What Will People Do?

Posted on May 5, 2023 by MN Gordon

Treasury Secretary Janet Yellen is a woman of letters. We like this about her. Because, like us, in a world of text snippets, tweets, and animated gifs, she finds the traditional exchange of letters to be most civilized. Continue reading →

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Debt Ceilings are for Idiots

Posted on January 20, 2023 by MN Gordon

The great dollar devaluation is the consequence of decades of rampant currency debasement policies. The mechanics are executed in tandem between the Federal Reserve and the Treasury. The Fed supplies the credit – created out of thin air. The Treasury borrows it from the Fed. And spends it. Continue reading →

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One Lockdown from Disaster

Posted on July 30, 2021 by MN Gordon

Implicit to the planner’s toils, is a shared sense that they know how to spend your money better than you. At best, the central planners call your money to Washington so they can then distribute it back to your friends and neighbors. In reality, the lawmakers call your money to Washington where they distribute it to their friends and neighbors – not yours. Continue reading →

Posted in Economy, MN Gordon | Tagged , , , , | 30 Comments

How to Tackle the Depression Head On

Posted on September 18, 2020 by MN Gordon

By and large, the challenges facing the economy have everything to do with central government. Over the last 40 years, as the Fed and the Treasury colluded to rig the financial system in totality, wealth has become ever more concentrated in fewer and fewer insider hands. The effect over the last decade has been a disparity that’s so magnified few can ignore it. Continue reading →

Posted in Economy, MN Gordon | Tagged , , , , | 23 Comments