Tag Archives: debt ceiling

Debt Ceilings are for Idiots

Posted on January 20, 2023 by MN Gordon

The great dollar devaluation is the consequence of decades of rampant currency debasement policies. The mechanics are executed in tandem between the Federal Reserve and the Treasury. The Fed supplies the credit – created out of thin air. The Treasury borrows it from the Fed. And spends it. Continue reading →

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Are You Prepared for the Mass Repricing of Goods and Services?

Posted on October 15, 2021 by MN Gordon

Rising consumer price inflation is not going away. This, of course, is counter to the “transitory” argument made by Federal Reserve Chairman Jerome Powell earlier this year. Continue reading →

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Realizing the Full Implications of the Forthcoming Catastrophe

Posted on July 26, 2019 by MN Gordon

The popular delusion of the 21st century is to assume the highest virtues of democracy.  This faulty assumption  propagates a dangerous archetype: the tyranny of the masses and its twin consequences, deficits and inflation. Continue reading →

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What Fed Chair Powell Forgot to Mention

Posted on March 23, 2018 by MN Gordon

What are the chances of Federal Reserve Chairman Jerome Powell being wrong?  The chances he’ll be wrong on the economy’s growth prospects, the direction of the federal funds rate, and inflation itself?  Our guess is his chances of being wrong … Continue reading →

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