Tag Archives: interest rate

Facing Down a Wrath of Biblical Proportions

An enterprising entrepreneur did a comedic graphic of Federal Reserve Chairman Jerome Powell captioned: “IN JPOW WE TRUST.” You may have seen it. The image shows Powell flamboyantly wearing a preacher’s robe and making an esoteric hand gesture with his right hand. His face is grimacing like he’s passing a kidney stone. Continue reading

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Why Labor Productivity Has Collapsed

Recession. Raging consumer price inflation. A Presidential administration that seeks to confuse and obfuscate what’s really going on. These are the realities facing American workers in the dog days of August circa 2022. Continue reading

Posted in Economy, MN Gordon | Tagged , , , , | 29 Comments

Blowups and an Epic Mega-Catastrophe are Coming

The Federal Reserve has an extreme and heavy handed influence over credit markets. But it’s not master of it. The fact is, Fed credit market intervention plays second fiddle to the overall rise and fall of the interest rate cycle. Continue reading

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Boondoggle Democracy for the Elites

President Joe Biden puffed out his chest. He grinned from ear to ear. He’d finally accomplished something as President. The passing of a $1.2 trillion infrastructure boondoggle. Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , | 24 Comments