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Tag Archives: currency
How to Seize the Day with the Mother of All Speculations
“Carpe diem quam minimum credula postero,” scrawled Latin poet, Horace, in 23 BC. The common translation for this fabled ode is, “Seize the day, put very little trust in tomorrow.” Indeed, its meaning can be easily misconstrued. Does it mean … Continue reading
Posted in MN Gordon, Stock Market
Tagged currency, debt, gold, gold miners, government action, quantitative easing
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How to Get Something for Nothing
The taste of a free lunch is always much richer. The smell is more aromatic. The taste is more flavorful. Most of all, the belly leaves the table more contented. But a free lunch is never really free. We thought … Continue reading
Posted in Inflation, MN Gordon
Tagged ben bernanke, currency, federal reserve, interest rate, monetizing debt, quantitative easing
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Fed Policy Reduction
To sharpen the mind and calibrate the senses we begin with an old paradox… “A man says that he is lying,” posited fourth century BC Greek philosopher Eubulides of Miletus. “Is what he says true or false?” You tell us… … Continue reading
Posted in Inflation, MN Gordon
Tagged currency, federal reserve, jobs, monetizing debt, quantitative easing
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Property Confiscation Is Coming
Outright property confiscation by governments is something that’s ardently disparaged here at the Economic Prism. There’s no justification we can rationalize for state sponsored theft. This includes penalizing those who are young and healthy with a disproportionate burden of a … Continue reading
Posted in Government Debt, MN Gordon
Tagged collapse, currency, debt, default, freedom, government meddling, international monetary fund, taxes
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