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Tag Archives: federal reserve
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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Burn, Baby, Burn!
Mayhem, like brutal bear markets and inner city riots, are facts of life. We’ll all get caught up in one here or there in our lifetimes. The challenge is to make it through with as little damage as possible. Continue reading
Posted in MN Gordon, Stock Market
Tagged burn baby burn, federal reserve, let it burn, simon rodia, watts riot, watts towers
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How Inflation Got Away from Washington Screw Ups
Being a government hack has its advantages. You get eleven paid holidays per year. You get promoted for poor performance. The benefits are superb. Best of all, you can get remarkably rich…even if you’re a screw up. Continue reading
Posted in Inflation, MN Gordon
Tagged federal reserve, janet yellen, jerome powell, joe biden, kamala harris, treasury
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Settling Wreckage from the Past
Settling wreckage from the past with realities of the present can be difficult and painful. If you do the crime. You must do the time. When it comes to financial markets and the economy, this can take many forms. Some of the most common include bankruptcy, shuttered businesses, and collapsing share prices. Continue reading