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Tag Archives: jerome powell
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
21 Comments
The Great Egghead Caper
The eggheads, you see, through policies of dollar debasement, are robbing what remains of the private capital stock of individual citizens. This is the great egghead caper. Continue reading
Posted in Government Debt, MN Gordon
Tagged egghead, government meddling, janet yellen, jerome powell, louis bromfield
23 Comments
Loathe for the Stimulus Era
The days in the northern hemisphere inch shorter. The predawn darkness greets us as we step down our front stoop in the morning. Nightfall welcomes us when we return in the evening. Yet while the days inch shorter. The stock market zigs and zags. One day it’s fear. The next day it’s greed. Continue reading
Posted in Economy, MN Gordon
Tagged coronavirus, debt, federal reserve, jerome powell, stimulus
20 Comments
America Has an Epic Choice
America has an epic choice. And it has nothing to do with who will be the next president of the United States. It has nothing to do with if the new stimulus bill is $1.6 trillion or $2.2 trillion. Continue reading
Posted in Inflation, MN Gordon
Tagged aron ralston, federal reserve, jerome powell, ludwig von mises, stimulus bill
23 Comments