Tag Archives: federal reserve

Living On Borrowed Time

Practicality the entirety of Congress now believes that the ability to pay should not limit the ability to promise people whatever they want. There’s no poll of members of Congress to support this assertion. We base it on what they’ve communicated by real, material actions. Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , | 21 Comments

How the Fed Robs You of Your Life

The inflation of the money supply, in effect, distorts the prices of goods and services. Subsequent units of a good or service may have a reduced utility, though, over time, their nominal cost increases. This also undermines individual savings…and robs savers – that’s you – of their lives… Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , , | 4 Comments

Banana Republic Money Debasement In America

There are many falsehoods being perpetuated these days when it comes to money, financial markets, and the economy. But when you cut the chaff, three related facts remain: Uncle Sam needs your money. He needs a lot of your money. And he needs it bad! Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 11 Comments

The Federal Reserve is a Barbarous Relic

Today, at the risk of being called Chicken Little, we tug on a thread that weaves back to the ancient Celts. Our message is grave: The sky is falling. Though the implications are still unclear. Continue reading

Posted in Economy, MN Gordon | Tagged , , , , | 4 Comments