Tag Archives: federal reserve

How to Catch Fate’s Fortune

Believing In an Absurdity [Editor’s note: Today’s Economic Prism is an excerpt of remarks made by Direct Expressions’ President and Founder MN Gordon at the annual company holiday party held last Saturday at the 555 East Steakhouse.] “Fate throws fortune, but … Continue reading

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In Praise of Scrooge

Federal Reserve Chairman Ben Bernanke did something extraordinarily remarkable on Tuesday…he did nothing.  Following the Federal Open Market Committee meeting, if you can believe it, Bernanke’s Fed statement made no monetary policy changes. Certainly, this is an exceptional feat.  Remember, … Continue reading

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In Graphs We Trust

Federal Reserve Chairman Ben Bernanke can’t seem to catch a break.  Wherever he turns someone is there to knock his job performance.  Senators, Presidential candidates, lowly editorial writers…they’ve all lined up and cast their stones. But why?  Hasn’t Bernanke done … Continue reading

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Divided We Stand United We Fall

By the time the Vandals sacked Rome in A.D. 455 the empire of the Caesars had already receded from Western Europe.  Over several decades the vast territories of Britannia, Hispania, Gallia, and Italia gave way, piecemeal, to barbarians until imperial … Continue reading

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