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Tag Archives: interest rate
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 boondoggle, debt, default, infrastructure bill, interest rate
24 Comments
Financial Repression 101
Bad ideas are flourishing like Washington lobbyists. Just look around. It’s near impossible to blink without countless crackpot ideas coming into view. What’s more, the worse an idea is, the more popular it becomes. Continue reading
Posted in Government Debt, MN Gordon
Tagged debt monetization, federal reserve, financial repression, interest rate, S&P500
17 Comments
The Fed’s Two Disagreeable Choices
Dr. Fauci – a quack – is disturbed by all the holdouts. He wants to “full-court press” the selfish anti-vaxxers who refuse to take one for the team. Continue reading
Posted in Inflation, MN Gordon
Tagged federal reserve, government meddling, interest rate, janet yellen, jerome powell
2 Comments
Jerome von Havenstein: Inflation Or Bust
Rudolf von Havenstein had been president of the Reichsbank – the German central bank – since 1908. He knew the workings of central bank debt issuances better than anyone. He was a central banker’s central banker. He was good at it. Continue reading
Posted in Economy, MN Gordon
Tagged dollar, federal reserve, interest rate, jerome powell, rudolf von havenstein
25 Comments