Tag Archives: federal reserve

Loathe for the Stimulus Era

Posted on November 13, 2020 by MN Gordon

The days in the northern hemisphere inch shorter. The predawn darkness greets us as we step down our front stoop in the morning. Nightfall welcomes us when we return in the evening. Yet while the days inch shorter. The stock market zigs and zags. One day it’s fear. The next day it’s greed. Continue reading →

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

America Has an Epic Choice

Posted on October 9, 2020 by MN Gordon

America has an epic choice. And it has nothing to do with who will be the next president of the United States. It has nothing to do with if the new stimulus bill is $1.6 trillion or $2.2 trillion. Continue reading →

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

How to Tackle the Depression Head On

Posted on September 18, 2020 by MN Gordon

By and large, the challenges facing the economy have everything to do with central government. Over the last 40 years, as the Fed and the Treasury colluded to rig the financial system in totality, wealth has become ever more concentrated in fewer and fewer insider hands. The effect over the last decade has been a disparity that’s so magnified few can ignore it. Continue reading →

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

How to Turn a Corporate Credit Crisis into a Currency Crisis

Posted on September 4, 2020 by MN Gordon

The mechanics of persistently falling yields (as yields move inversely to price) over several decades have also acted to inflate a massive bond bubble. The demand for corporate bonds come from a variety of sources. These mainly include foreign investors, investment funds (i.e. mutual funds, ETFs, and closed end funds), life insurance companies, and pension funds. Continue reading →

Posted in Government Debt, MN Gordon | Tagged , , , , | 12 Comments