Tag Archives: default

Final Collapse is Inexorable

This week central planners pursued their primary mission with steadfast conviction. They planned. They prodded. They prearranged tomorrow to save us from ourselves. Some also grubbed a little graft for their trouble. Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , | 13 Comments

Fiat Money Cannibalization in America

Failure of the debt based fiat money system is at stake. The Fed will do everything they can to keep it alive. They’ll keep at it, debasing the dollar around the clock, until the precise moment it cannibalizes itself. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , , | 3 Comments

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