Tag Archives: dow 27000
Fed Chair Powell’s Plan to Pickle the Economy
Once a cucumber becomes a pickle it can never be a cucumber again. Indeed, financial markets have been pickled over to no end. What’s more, Fed Chair Powell’s efforts to unpickle QE were met with howls from the President, Wall Street, and Larry Kudlow. Continue reading
Posted in Economy, MN Gordon
Tagged central planning, DOW, dow 27000, federal reserve, jerome powell
11 Comments
The Ugly End of Globalization
About this time, something even more historic happened. Roughly one billion Chinese workers, who were willing to work for less than peanuts, joined the global workforce. As a result, the U.S. was able to export its inflation – and jobs – to China and other emerging economies over the next three decades. Continue reading
Posted in Inflation, MN Gordon
Tagged china, collapse, dow 27000, federal reserve, globalization
26 Comments
