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Tag Archives: default
The Hell of Technocratic Prevarication
“…and the will of Zeus was moving toward its end.” – Homer, The Iliad Athens’ Burning The burden of being on top ultimately weighs a civilization down. Success is overreached. Advancement becomes unsustainable. Then, when everyone least expects it, something … Continue reading
Posted in Government Debt, MN Gordon
Tagged collapse, debt, default, euro, government action, greece
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How the Fed Steals Your Life
Things are going haywire. Prices are shifting about in erratic and unpredictable ways. Take gas prices, for instance. Here in the Golden State we just paid $3.87 per gallon for the cheap stuff. You’d think at that price the economy … Continue reading
Posted in Inflation, MN Gordon
Tagged ben bernanke, crash, debt, default, federal reserve, john maynard keynes, oil prices
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The Money Must Go Somewhere
In Friday’s issue of the Economic Prism we suggested that, despite all the financial uncertainty going on, the U.S. economy is strengthening. By the response we received, this optimism astonished many of our readers. Naturally, we thought that would be … Continue reading
Posted in Inflation, MN Gordon
Tagged ben bernanke, business cycle, consumer price index, debt, default, federal reserve, GDP, treasuries
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Set the Children Free
There are things that are so obvious they shouldn’t warrant discussion…but they do. For there are blockheads out there whose brains are so soft they don’t know obvious from Adam’s off ox. Experience tells us that common sense is remarkably … Continue reading
Posted in MN Gordon, Politics
Tagged collapse, congress, consumer price index, debt, default, federal reserve, GDP, interest rate, retirement, treasuries
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