Tag Archives: debt ceiling

Congress’s Radical Plan to End Illegal Money

One of the many downfalls of being the United States Secretary of the Treasury is the requirement to place one’s autograph on the face of the Federal Reserve’s legal tender notes.  There, on public display, is an overt record of … Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , , , | 9 Comments

March to Default

“May you live in interesting times,” says the ancient Chinese curse.  No doubt about it, we live in interesting times.  Hardly a day goes by that we’re not aghast and astounded by a series of grotesque caricatures of the world … Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , , | 1 Comment

The Long Run Economics of Debt Based Stimulus

Something both unwanted and unexpected has tormented western economies in the 21st century.  Gross domestic product (GDP) has moderated onward while government debt has spiked upward.  Orthodox economists continue to be flummoxed by what has transpired. Here is the United … Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 4 Comments

A 30 Year Mess in the Making

“We have assembled a best-in-class team of policy advisors to drive President Trump’s bold plan for job creation and economic growth.” Gary Cohn, Chief Economic Advisor to President Trump Promises of Slop The art and science of spending other people’s … Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , , | 11 Comments