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

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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 , , , , | 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

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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 , , , , | 23 Comments