Tag Archives: dollar

Jerome von Havenstein: Inflation Or Bust

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 a central banker’s central banker. He was good at it. Continue reading

Posted in Economy, MN Gordon | Tagged , , , , | 25 Comments

Janet Yellen: Too Dumb To Stop

The United States Secretary of the Treasury bears a shameful job duty. They must place their autograph on the face of the Federal Reserve’s legal tender notes. Here, for the whole world to witness, the Treasury Secretary provides signature endorsement; their personal ratification of unconstitutional money. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 19 Comments

What You Will Find When You Follow the Money

It has been a rough go for California Governor Gavin Newsom. Late last week it was revealed that the state Department of Public Health had tickled the poodle on its COVID-19 record keeping. Somehow the bureaucrats in Sacramento undercounted new coronavirus cases by as many as 300,000. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 23 Comments

Game Over Spending

Second quarter 2020 came and went like a California wildfire. The economic devastation caused by the government lockdowns was swift, the destruction immense, and the damage lasting. But, nonetheless, in Q2, the major U.S. stock market indices rallied at a record pace. Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , , | 21 Comments