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Tag Archives: currency
How to Erase the Federal Debt and Other Bad Ideas
The world is rife with bad ideas. Just open your eyes and look around. Hardly a blink can be made without some bad idea coming into view. What’s more, the worse the idea…the more popular it becomes. Here’s a partial … Continue reading
Posted in Government Debt, MN Gordon
Tagged china, congress, currency, debt, debt ceiling, default, dollar, john maynard keynes
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“We Know Better!”
Monetary intervention into credit markets is much easier to start than to stop. In fact, once started, monetary intervention is nearly impossible to stop. Just ask Fed Chairman, Ben Bernanke. He’s promised to expand the Fed’s balance sheet by over … Continue reading
Posted in Inflation, MN Gordon
Tagged ben bernanke, collapse, congress, currency, debt, federal reserve, government meddling, interest rate, leszek balcerowicz, ludwig von mises
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Facing the Facts of Financial Doom
Our politicians’ appetite to spend money they don’t have will never be satisfied. There’s always a boondoggle or meritless program in need of pork. Likewise, there’s always a politician or representative in need of votes. Spending other people’s money brings … Continue reading
Posted in Government Debt, MN Gordon
Tagged congress, currency, debt, default, dollar, federal reserve, fiscal cliff, retirement, treasuries
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Jump!
“If we right away say 98 percent of Americans are not going to see their taxes go up – 97 percent of small businesses are not going to see their taxes go up,” said President Obama on Wednesday. “If we … Continue reading
Posted in Government Debt, MN Gordon
Tagged bubble, collapse, congress, currency, debt, default, dollar
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