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Tag Archives: jay powell
This is a Full Societal Breakdown
This is a full societal breakdown. Racial injustice may be today’s rage. But there’s plenty of other injustices for people to go mad over. By the dogdays of August, no doubt, when the weekly $600 unemployment checks program has expired, riots will come to a Target near you. Continue reading
Posted in MN Gordon, Politics
Tagged cares act, jay powell, larry kudlow, nero, paul krugman
31 Comments
The Rug Yank Phase of Fed Policy
The political differences of today’s leading two parties are not over ultimate questions of principles. Rather, they’re over opposing answers to the question of how a goal can be achieved with the least sacrifice. For lawmakers, the goal is to … Continue reading
Posted in MN Gordon, Politics
Tagged federal funds rate, federal reserve, fomc meeting, jay powell, wall street, washington
10 Comments
Is Fed Chair Nominee Jay Powell, Count Dracula?
The gray hue of dawn quickly slipped to a bright clear sky as we set out last Saturday morning. The season’s autumn tinge abounded around us as the distant mountain peaks, and their mighty rifts, grew closer. The nighttime chill … Continue reading
Posted in Inflation, MN Gordon
Tagged count dracula, federal reserve, jay powell, oak glen, riley's farm theatre company, transylvania
19 Comments