-
Follow Us On
Gold Price (Dollars per Oz)
Categories
-
Recent Articles
-
Tag Archives: jerome powell
In The Long Run We Are All Alive
The experience of Whiston, and his pseudoscience prophecy, shows that predictions of the end of the world come and go while people still remain. Sometimes the fallout of these predictions, and the foolishness they provoke, is limited. Other times the foolishness they provoke leads to catastrophe. Continue reading
Posted in Inflation, MN Gordon
Tagged isaac newton, jerome powell, john maynard keynes, judgement day, william whiston
19 Comments
Your Figuring Central Planners At Work
The central planners never hit their inflation targets. But, in spraying the economy with birdshot, they cause massive disruption. This aside, assuming the central planners at the Fed could target price inflation, what rate of inflation would they precisely pinpoint? Continue reading
Posted in Economy, MN Gordon
Tagged central planning, federal reserve, inflation targeting, jerome powell, robert kaplan
17 Comments
America’s Guaranteed Living Hell
One of the consequences of expansionary monetary intervention is that it distorts the relationship between financial markets and the underlying economy. Stimulus with the supposed intent of juicing the economy has the effect of juicing financial markets. Sometimes – like now – these inflationary policies have the effect of completely disconnecting the stock market from the economy. Continue reading
Posted in Inflation, MN Gordon
Tagged bubble, collapse, federal reserve, jerome powell, olive oatman
3 Comments
Should You Buy the Dip?
Something remarkable happened yesterday [Thursday]. Stocks didn’t go up. They went down…and they went down a lot. The S&P 500 dumped 5.89 percent. But that was nothing. Gannett Co. crashed 29.5 percent, Noble Corporation plunged 25.51 percent, and Denbury Resources dropped 23.65 percent. Should you buy the dip? Continue reading
Posted in MN Gordon, Stock Market
Tagged business cycle, collapse, jerome powell, retail, S&P500
11 Comments