Tag Archives: interest rates

Circa: Now!

America’s economic landscape is becoming littered with one steaming pile after another. The primary offenders include consumer price inflation, interest rates, gross domestic product, and unemployment. Here we’ll take a sniff of the unpleasant odor that’s wafting around us. Continue reading

Posted in Economy, MN Gordon | Tagged , , , , | 2 Comments

When Fake Money Becomes Scarce

A rousing display of diversions this week assured the American populace was looking every which way but right under its collective nose.  Midterm elections.  White House spats with purveyors of fake news.  The forced resignation of Attorney General Sessions… Sideshows … Continue reading

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

Salting the Economy to Death

One popular delusion that won’t seem to go away is the notion that policy makers can stimulate robust economic growth by setting interest rates artificially low.  The general theory is that cheap credit compels individuals and businesses to borrow more … Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | Leave a comment

Constructive Simplicity for China’s Communist Party Plenum

The People’s Bank of China cut benchmark interest rates by 0.25 percent on Friday.  This was the sixth time they’ve lowered interest rates within a year.  Bank reserve requirements were also reduced by 0.5 percent. Economic growth has gradually declined … Continue reading

Posted in MN Gordon, Politics | Tagged , , , , | Leave a comment