Tag Archives: interest rate

An Open Letter to William Dudley

Dear Mr. Dudley, Your recent remarks in the wake of last week’s FOMC statement were notably unhelpful. In particular, your excuses for further rate hikes to prevent crashing unemployment and rising inflation stunk of rotten eggs. Crashing Unemployment Quite frankly, … Continue reading

Posted in Economy, MN Gordon | Tagged , , , , | 11 Comments

The Art and Pseudoscience of Monetary Policy

Everyone’s got a plan for sale these days.  In fact, there are so many plans out there we cannot keep up with them all.  Eat celery sticks and lose weight.  Think and grow rich.  Stocks for the long run.  Naturally, … Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 1 Comment

Donald Trump’s Plan for Economic Salvation

One of the unspoken joys in life is the rich pleasure that comes with bearing witness to a career politician – a shrew no less – as they fail spectacularly.  Tuesday night served up one of these unique experiences with … Continue reading

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The One Thing that Will Change Everything

“There are more things in heaven and Earth, Horatio, than are dreamt of in your philosophy.” – William Shakespeare, Hamlet Ticking Time Bomb The American populace counts down to Election Day with impatient intent.  Will their party man occupy the … Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , | 2 Comments