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Tag Archives: credit
Monkey Economics
Despite the advent of the tablet phone and microwave kettle corn, there are still rudimentary evolutionary responses hardwired into the core of the human psyche. During moments of failing they take over and suppress clear thinking. How else can one … Continue reading
Posted in Inflation, MN Gordon
Tagged credit, euro, european central bank, mario draghi, monetizing debt
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One Destructive Bad Idea
Over the years, we’ve come across many bad ideas. Rap music, for instance. Or legal tender laws. But the real measurement of a bad idea is how much popular destruction it can bring. It’s a real shame there’s no warning … Continue reading
Posted in Government Debt, MN Gordon
Tagged credit, debt, default, government meddling, monetizing debt
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More Credit, More Debt: Lessons from the Last Great Unraveling
“The lord giveth increase, but man devised credit.” — Garet Garrett Solving the Debt Problem with Credit Something quite remarkable happened in the years following the war to end all wars. European economies were ruined and European governments were buried … Continue reading
Posted in Government Debt, MN Gordon
Tagged business cycle, china, credit, debt, treasuries, war
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