Tag Archives: currency

Pre-2020 Prices are Gone Forever

Posted on November 12, 2021 by MN Gordon

Price inflation is completely out of hand. You know this. Your dog knows it too. Still, President Joe Biden wants you to believe he’s got it all under control. Last month, for example, White House Press Secretary Jen Psaki insisted inflation is decreasing. What a crock! Continue reading →

Posted in Inflation, MN Gordon | Tagged , , , , | 63 Comments

How to Turn a Corporate Credit Crisis into a Currency Crisis

Posted on September 4, 2020 by MN Gordon

The mechanics of persistently falling yields (as yields move inversely to price) over several decades have also acted to inflate a massive bond bubble. The demand for corporate bonds come from a variety of sources. These mainly include foreign investors, investment funds (i.e. mutual funds, ETFs, and closed end funds), life insurance companies, and pension funds. Continue reading →

Posted in Government Debt, MN Gordon | Tagged , , , , | 12 Comments

What You Will Find When You Follow the Money

Posted on August 14, 2020 by MN Gordon

It has been a rough go for California Governor Gavin Newsom. Late last week it was revealed that the state Department of Public Health had tickled the poodle on its COVID-19 record keeping. Somehow the bureaucrats in Sacramento undercounted new coronavirus cases by as many as 300,000. Continue reading →

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

Game Over Spending

Posted on July 10, 2020 by MN Gordon

Second quarter 2020 came and went like a California wildfire. The economic devastation caused by the government lockdowns was swift, the destruction immense, and the damage lasting. But, nonetheless, in Q2, the major U.S. stock market indices rallied at a record pace. Continue reading →

Posted in Government Debt, MN Gordon | Tagged , , , , , | 21 Comments