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Tag Archives: currency
Bringing About Our Own Special Misery
Consumer confidence laid a rotten egg in October. The Conference Board’s index of consumer sentiment was reported Wednesday at 39.8…its lowest reading since March of 2009. To put this in perspective, during a robust economy, consumer confidence readings are at … Continue reading
Posted in Inflation, MN Gordon
Tagged consumer price index, currency, federal reserve, government meddling, interest rate
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The Euro is Done
The November issue of National Geographic tells of the recent discovery of the Staffordshire Hoard – a treasure of gold, silver, and garnet military objects from the early Anglo-Saxon era that had been buried in the English countryside for 1300 … Continue reading
Hell Bent on Destroying the Currency
We’re in San Francisco today taking a break from our daily labors to ride cable cars up and down Powell Street and traverse through the city’s sundried districts, like Chinatown, North Beach and Fisherman’s Warf, with our wife and son. … Continue reading
We Are All Screwed
Travels have taken us to Pueblo, Colorado. Until a week ago we’d never heard of the place. Yet here we are, observing life outside the Los Angeles Basin, and writing to you from the banks of the Arkansas River. If … Continue reading
Posted in Economy, MN Gordon
Tagged ben bernanke, currency, dollar, federal reserve, gold
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