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Tag Archives: federal reserve
Death to Zombies
Rising interest rates, no doubt, bring death to zombies. By zombies, we’re referring to those companies in the second camp that would have died long ago, if not for the sustenance of artificially suppressed cheap credit. Continue reading
Posted in Inflation, MN Gordon
Tagged consumer price index, default, economic depression, federal reserve, interest rate
24 Comments
Are You Ready for the Coming U.S. Government Default?
The popular American myth is that the U.S. government has never defaulted on its debt. Quite frankly, that’s an unadulterated lie. The U.S. government has (unofficially) defaulted on its debt twice within the last hundred years. Continue reading
Posted in Government Debt, MN Gordon
Tagged debt, default, dollar, federal reserve, fomc
32 Comments
Operation Break Stuff
Stagflation, sinking labor productivity, severe levels of public and private debt, a splintered real estate market… You name it. The economy’s crashing and burning like an old Cutlass Supreme. Continue reading
Posted in Inflation, MN Gordon
Tagged business cycle, central planning, collapse, debt, federal reserve
26 Comments
Debt Markets Get Trampled
Anyone with half a brain knew there would be hell to pay for locking down the economy and simultaneously printing and spewing out trillions of dollars of confetti money. The bill has finally come due. Did you see the latest consumer price index (CPI) report? Continue reading
Posted in Government Debt, MN Gordon
Tagged federal reserve, hajj stampede, interest rate, jamaraat bridge, stoning of the devil
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