Tag Archives: federal reserve

What Fed Chair Powell Forgot to Mention

Posted on March 23, 2018 by MN Gordon

What are the chances of Federal Reserve Chairman Jerome Powell being wrong?  The chances he’ll be wrong on the economy’s growth prospects, the direction of the federal funds rate, and inflation itself?  Our guess is his chances of being wrong … Continue reading →

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The Donald Saves the Dollar

Posted on January 26, 2018 by MN Gordon

The world is full of bad ideas.  Just look around.  One can hardly blink without a multitude of bad ideas coming into view.  What’s more, the worse an idea is, the more popular it becomes. Take Mickey’s Fine Malt Liquor.  … Continue reading →

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The Rug Yank Phase of Fed Policy

Posted on December 15, 2017 by MN Gordon

The political differences of today’s leading two parties are not over ultimate questions of principles.  Rather, they’re over opposing answers to the question of how a goal can be achieved with the least sacrifice.  For lawmakers, the goal is to … Continue reading →

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Is Fed Chair Nominee Jay Powell, Count Dracula?

Posted on November 10, 2017 by MN Gordon

The gray hue of dawn quickly slipped to a bright clear sky as we set out last Saturday morning.  The season’s autumn tinge abounded around us as the distant mountain peaks, and their mighty rifts, grew closer.  The nighttime chill … Continue reading →

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