Tag Archives: default

Suffering the Profanity of Plentiful Cheap Money

What if the savings in your bank account lost 55 percent of its value over the last 12 months? Would you be somewhat peeved? Would you transfer some of your savings to another currency? Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , , | 21 Comments

The Great Workfare Era Is Here

New Congressional members arrived in Washington last month with much hoopla and the promise that a centrally directed, democratic economy, will usher in a new era of prosperity for all. This new Congress, however, isn’t looking to the hope and promise of the future. They’re looking to the despair and failings of the past. Continue reading

Posted in MN Gordon, Politics | Tagged , , , , | 14 Comments

The Big Government Show Must Go On

The real State of the Union – the one President Trump omitted from his address – is a state of impending doom brought on by 50 years of relentless debt accumulation. Day after day, week after week, month after month, year after year, the federal government has spent more than it takes in. Now the debt has piled up past the point of no return; there’s no longer an expedient way to reverse course. Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , | 15 Comments

Thirteen Reckonings Hanging in the Balance

The NASDAQ slipped below 8,000 this week.  But you can table your reservations.  The record bull market in U.S. stocks is still on. With a little imagination, and the assistance of crude chart projections, DOW 40,000 could be eclipsed by … Continue reading

Posted in Economy, MN Gordon | Tagged , , , , , | 1 Comment