Tag Archives: interest rate

Rigging the Price of Money on a Grand Scale

Posted on July 6, 2012 by MN Gordon

Some people earn their money by honest means.  Others do so at the expense of one another.  If you borrowed money from a bank between 2005 and 2009 to buy a house or car, to pay for school, or if … Continue reading →

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Money Games

Posted on June 22, 2012 by MN Gordon

After much anticipation and hoopla, Fed Chairman Bernanke made his post FOMC meeting utterances on Wednesday.  In short: No QE3, for now.  More Operation Twist. Markets didn’t know what to make of it.  Initially they rose on the announcement.  The … Continue reading →

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Stimulus and Spasmodic Economics

Posted on June 5, 2012 by MN Gordon

Nerves are fried.  Hands are shaky.  Triggers fingers are happy.  “Market’s need stimulus now!” screams the crowd. These days, it doesn’t take much selling to growl up a thunderous roar for help.  The DOW’s fallen 1,258 from its May 1 … Continue reading →

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The Fate of Markets

Posted on May 18, 2012 by MN Gordon

How quickly things change.  Several weeks ago stock market investors were riding high.  On the first day of the month, the DOW finished the day at 13,279…its highest close since December 2007. It was just a matter of time – … Continue reading →

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