Tag Archives: federal reserve

The Fed’s Two Disagreeable Choices

Posted on May 7, 2021 by MN Gordon

Dr. Fauci – a quack – is disturbed by all the holdouts. He wants to “full-court press” the selfish anti-vaxxers who refuse to take one for the team. Continue reading →

Posted in Inflation, MN Gordon | Tagged , , , , | 2 Comments

Fifty Basis Points To Disaster

Posted on March 12, 2021 by MN Gordon

Fiscal stimulus, including the latest $1.9 trillion American Rescue Plan Act, is a terrible joke. And the means for financing it is a terrible fraud. A massive deficit, piled upon a mammoth debt, made possible by dollar debasement. Continue reading →

Posted in Economy, MN Gordon | Tagged , , , , | 52 Comments

Jerome von Havenstein: Inflation Or Bust

Posted on February 26, 2021 by MN Gordon

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

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