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 , , , , | 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 , , , , | 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 , , , , | 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 , , , , | 25 Comments