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Tag Archives: government meddling
How The Trade War Ends
The quote “When goods don’t cross borders, soldiers will,” is frequently attributed to 19th century writer and free market economist Frederic Bastiat. While these specific words, strung together with this specific syntax, cannot be found in Bastiat published catalogue, their sentiments are of the type he would have likely endorsed. Continue reading
Mistakes from the Past
Over the last three weeks something unexpected by the Fed has happened. The yield on the 10-Year Treasury didn’t follow the Fed’s rate cut down. Rather, it did the opposite. It went up. Continue reading
Posted in Inflation, MN Gordon
Tagged arthur burns, federal reserve, government meddling, interest rate, jerome powell
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Harris Wants Your Retirement Account
Vice President Kamala Harris supports the nearly $5 trillion in tax increases included in President Biden’s 2025 budget proposal. The proposal is close to 200 pages and includes an extensive list of tax hikes. Continue reading
Posted in MN Gordon, Politics
Tagged debt, government meddling, kamala harris, taxes, unrealized capital gains tax
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Hard Landing Ahead
When Glenn Burke and Dusty Baker invented the high five on October 2, 1977, it was a moment of pure spontaneity. Continue reading
Posted in Economy, MN Gordon
Tagged consumer price index, federal reserve, government meddling, interest rate, treasuries
2 Comments