Tag Archives: debt

On the Importance of Deflation and Depressions

Posted on June 2, 2023 by MN Gordon

Deflation, in essence, means a general reduction of prices. As opposed to inflation, deflation allows consumers to buy more goods or services tomorrow with the same money they have today. Savvy consumers will then delay purchases in anticipation they can buy more for less in the future. Continue reading →

Posted in Economy, MN Gordon | Tagged , , , , , | 19 Comments

Mission Accomplished?

Posted on February 3, 2023 by MN Gordon

About the time the most trusted man in America, Walter Cronkite, signed off from the CBS Evening News for the last time, something momentous happened in the U.S. credit market. Few people, apart from Bill Gross and A. Gary Shilling, understood what was going on. Continue reading →

Posted in MN Gordon, Politics | Tagged , , , , | 23 Comments

Are You the Collateral Damage of Central Planners?

Posted on January 27, 2023 by MN Gordon

The Conference Board – a nonprofit think tank that delivers cutting edge research – recently published its latest Leading Economic Index (LEI) for the United States.  The findings were a giant bummer.  In December, the LEI dropped for the tenth consecutive month. Continue reading →

Posted in MN Gordon, Politics | Tagged , , , , | 25 Comments

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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