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Gold Price (Dollars per Oz)
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Tag Archives: default
Failure to Launch
The future is here and it’s not all it was cracked up to be. For example, one of the great disappointments of the 21st century, thus far, is the lack of flying cars. Wasn’t this supposed to be the signature … Continue reading
Posted in Economy, MN Gordon
Tagged debt, default, federal reserve, janet yellen, liberty
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March to Default
“May you live in interesting times,” says the ancient Chinese curse. No doubt about it, we live in interesting times. Hardly a day goes by that we’re not aghast and astounded by a series of grotesque caricatures of the world … Continue reading
Posted in Government Debt, MN Gordon
Tagged collapse, congress, debt ceiling, default, dollar, treasuries
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The Long Run Economics of Debt Based Stimulus
Something both unwanted and unexpected has tormented western economies in the 21st century. Gross domestic product (GDP) has moderated onward while government debt has spiked upward. Orthodox economists continue to be flummoxed by what has transpired. Here is the United … Continue reading
Posted in Inflation, MN Gordon
Tagged debt ceiling, default, dollar, gold, john maynard keynes
4 Comments
Attaining Self-Destruct Velocity
Some Monday mornings are better than others. Others are worse than some. For one Amazon employee, this past Monday morning was particularly bad. No doubt, the poor fellow would have been better off he’d called in sick to work. Such … Continue reading
Posted in Inflation, MN Gordon
Tagged debt, default, treasuries, trumpflation, trumpism, trumpnado
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