Tag Archives: dollar

On the Importance of Deflation and Depressions

Deflation, in essence, means a general reduction of prices. As opposed to inflation, deflation allows consumers to buy more goods or services tomorrow with the same money they have today. Savvy consumers will then delay purchases in anticipation they can buy more for less in the future. Continue reading

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

Debt Ceilings are for Idiots

The great dollar devaluation is the consequence of decades of rampant currency debasement policies. The mechanics are executed in tandem between the Federal Reserve and the Treasury. The Fed supplies the credit – created out of thin air. The Treasury borrows it from the Fed. And spends it. Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , , | Leave a comment

Are You Prepared for a Hard Landing?

How will the economy react to interest rates that remain relatively higher for longer? By this, the idea that there will be a soft landing seems highly unlikely. The economy, after decades of ultra-low interest rates, is not equipped to easily accommodate a sustained period of relatively higher interest rates. Continue reading

Posted in MN Gordon, Stock Market | Tagged , , , , , | 13 Comments

Are You Ready for the Coming U.S. Government Default?

The popular American myth is that the U.S. government has never defaulted on its debt. Quite frankly, that’s an unadulterated lie. The U.S. government has (unofficially) defaulted on its debt twice within the last hundred years. Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , | 32 Comments