Tag Archives: fiat money inflation in france

What Revolutionary France Teaches Us About Fiat Money Collapse

What if the savings in your bank account lost 50 percent of its value over the next 12 months? Would you be a tad irate? Would you wish you’d transferred some of those savings into gold today when it was merely $4,200 per ounce? Continue reading →

Posted in Inflation, MN Gordon | Tagged , , , , | Leave a comment

The Three Stages of Modern Monetary Theory

Some ideas are so bad they’re best ignored.  Like resentments – or stray cats – if you don’t feed them, they’ll go away.  Before long, they’re forgotten altogether. That has been our approach to Modern Monetary Theory (MMT).  The idea’s so obviously foolish, reckless, and outright suicidal.  Why feed this dorkus maximus of economic thought? Continue reading →

Posted in Inflation, MN Gordon | Tagged , , , , , | 17 Comments