Tag Archives: dollar

What You Must Know About Zeros in the Years Ahead

The way zeros work when money is being destroyed by governments is the same way mold spores work on wet drywall. They multiply. They make an unwanted appearance at the back of all prices. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , , , | 20 Comments

Will Everything be Awesome for SoFi Stadium?

The property adjacent to the northeast intersection of South Prairie Avenue and Century Boulevard, in Inglewood, California, has undergone a staggering facelift over the last three years. The former Hollywood Park Racetrack was demolished and regraded. SoFi Stadium, at a price tag of $5 billion, is being constructed in its place. Continue reading

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

Destruction By Definition

Major U.S. stock market indexes yo-yoed about all week. On Monday, panic selling from last week turned to panic buying. Decades of Fed intervention have conditioned stock market investors to step in front of semi-trucks to scoop up nickels. Continue reading

Posted in Economy, MN Gordon | Tagged , , , , | 12 Comments

The Triumph of Madness

Rudolf von Havenstein had been president of the Reichsbank – the German central bank – since 1908. He knew the workings of central bank debt issuances better than anyone. He was good at it. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 15 Comments