-
-
-
Gold Price (Dollars per Oz)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
Tag Archives: euro
What’s Up With Gold?
Amidst a backdrop of raging consumer price inflation something strange and unexpected is going on. The U.S. dollar has become more valuable. Not against goods and services. But against foreign currencies. Continue reading
Looming Greek Default is the IMF’s Problem
One of the more bewildering and frustrating things about life is that you rarely get what you expect. You set out and strive for a certain goal with all the excitement and energy of a child. You may think you’re … Continue reading
Posted in Government Debt, MN Gordon
Tagged alexis tsipras, debt, euro, european union, greece
Leave a comment
Monkey Economics
Despite the advent of the tablet phone and microwave kettle corn, there are still rudimentary evolutionary responses hardwired into the core of the human psyche. During moments of failing they take over and suppress clear thinking. How else can one … Continue reading
Posted in Inflation, MN Gordon
Tagged credit, euro, european central bank, mario draghi, monetizing debt
Leave a comment
Not in a Million Years
Storylines serve a valuable purpose. They round out the incongruences and give meaning to things in a way people can quickly comprehend. This is especially true when it comes to the economy. The popular narrative of the day is that … Continue reading
Posted in Inflation, MN Gordon
Tagged currency, debt, default, dollar, euro, federal reserve
Leave a comment
