Tag Archives: janet yellen

Adventures in Quantitative Tightening

Posted on July 14, 2017 by MN Gordon

All remaining doubts concerning the place the U.S. economy, and its tangled web of international credits and debts, is headed were clarified this week.  On Monday, Mark Yusko, CIO of Morgan Creek Capital Management, told CNBC that: “…we’re flowing toward … Continue reading →

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Tales from the FOMC Underground

Posted on July 7, 2017 by MN Gordon

Many of today’s economic troubles are due to a fantastic guess.  That the wealth effect of inflated asset prices would stimulate demand in the economy. The premise, as we understand it, was that as stock portfolios bubbled up investors would … Continue reading →

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Monetary Madness and Rabbit Consumption

Posted on June 16, 2017 by MN Gordon

“The hurrier I go, the behinder I get,” is oft attributed to the White Rabbit from Lewis Carroll’s, Alice in Wonderland.  Where this axiom appears within the text of the story is a mystery.  But we suspect the White Rabbit … Continue reading →

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Hell To Pay

Posted on April 14, 2017 by MN Gordon

Economic nonsense comes a dime a dozen.  For example, Federal Reserve Chair Janet Yellen “think(s) we have a healthy economy now.”  She even told the University of Michigan’s Ford School of Public Policy so earlier this week.  Does she know … Continue reading →

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