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Gold Price (Dollars per Oz)
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Tag Archives: debt
Boondoggle Democracy for the Elites
President Joe Biden puffed out his chest. He grinned from ear to ear. He’d finally accomplished something as President. The passing of a $1.2 trillion infrastructure boondoggle. Continue reading
Posted in Government Debt, MN Gordon
Tagged boondoggle, debt, default, infrastructure bill, interest rate
24 Comments
Why Big Government Statists Despise Gold
Gold to paper currency conversion once exacted limits upon the public purse. The Treasury, in concert with the Federal Reserve, could not issue unlimited debt based money. But that was before the U.S. severed the dollar’s relationship to gold and commenced the dollar reserve standard. Continue reading
Posted in Inflation, MN Gordon
Tagged bretton woods, debt, default, dollar, gold, richard nixon
32 Comments
There’s a Serious Flaw to the Team Powell-Yellen Inflation Scheme
If you’re a wage earner, retiree, or a lowly saver, your wealth is in imminent danger. A lifetime of schlepping and saving could be rapidly vaporized over the next several years. In fact, the forces towards this end have already been set in motion. Continue reading
Posted in Government Debt, MN Gordon
Tagged debt, default, dollar, janet yellen, jerome powell
1 Comment
Let The Good Times Roll
The storming of the U.S. Capitol Building on Wednesday was a wacky and wild escapade. But it shouldn’t be a surprise. These things happen when a nation’s in decline. And, as Wednesday demonstrated, America’s recline and flail goes on. Continue reading
Posted in MN Gordon, Politics
Tagged chuck schumer, collapse, debt, decline, nancy pelosi
25 Comments
