Tag Archives: federal reserve

Will Larry Summers Save the World Again?

Posted on June 11, 2021 by MN Gordon

Modern macroeconomics is a boring and dreary trade. The monthly report outs on GDP, unemployment, inflation, and other data aggregates, are a dull waste of time. What decisions could you possibly make to improve your lot in life from these data reports? Continue reading →

Posted in MN Gordon, Politics | Tagged , , , , , | 3 Comments

Financial Repression 101

Posted on May 21, 2021 by MN Gordon

Bad ideas are flourishing like Washington lobbyists. Just look around. It’s near impossible to blink without countless crackpot ideas coming into view. What’s more, the worse an idea is, the more popular it becomes. Continue reading →

Posted in Government Debt, MN Gordon | Tagged , , , , | 17 Comments

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