Tag Archives: cpi

Why Labor Productivity Has Collapsed

Recession. Raging consumer price inflation. A Presidential administration that seeks to confuse and obfuscate what’s really going on. These are the realities facing American workers in the dog days of August circa 2022. Continue reading

Posted in Economy, MN Gordon | Tagged , , , , | 28 Comments

Paying the Price for Krugman’s Terrible Mistake

Clear economic thinking and lucid communication via the written word tumbled out of fashion nearly 100 years ago. The fall from grace was triggered by the 1936 publication of John Maynard Keynes’ The General Theory of Employment, Interest and Money. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 21 Comments

What is the Strike Price of the Powell Put?

The Federal Reserve, through a multi-decade series of shady practices, finds itself in a very disagreeable place. Policies of extreme market intervention have positioned the economy and financial markets for an epic bust. Continue reading

Posted in MN Gordon, Stock Market | Tagged , , , , | 24 Comments

Connecting the Dots on Employment and Inflation

One principal conundrum of the extreme monetary policies of the last eight years is on the subject of consumer price inflation.  Expansion of the money supply is, by definition, inflation.  Yet how come, following a quadrupling of the monetary base, … Continue reading

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