Tag Archives: debt

Are You Ready for the Coming U.S. Government Default?

Posted on November 4, 2022 by MN Gordon

The popular American myth is that the U.S. government has never defaulted on its debt. Quite frankly, that’s an unadulterated lie. The U.S. government has (unofficially) defaulted on its debt twice within the last hundred years. Continue reading →

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Operation Break Stuff

Posted on October 21, 2022 by MN Gordon

Stagflation, sinking labor productivity, severe levels of public and private debt, a splintered real estate market… You name it. The economy’s crashing and burning like an old Cutlass Supreme. Continue reading →

Posted in Inflation, MN Gordon | Tagged , , , , | 26 Comments

Boondoggle Democracy for the Elites

Posted on November 19, 2021 by MN Gordon

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 →

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Why Big Government Statists Despise Gold

Posted on August 13, 2021 by MN Gordon

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 , , , , , | 32 Comments