Tag Archives: jerome powell

The Four Dimensions of the Fake Money Order

Posted on July 12, 2019 by MN Gordon

“If you don’t know where you’re going, any road will get you there,” is a quote that’s oft misattributed to Lewis Carrol. The fact that there’s ambiguity about who’s behind this quote on ambiguity seems fitting. Continue reading →

Posted in Inflation, MN Gordon | Tagged , , , , | 3 Comments

Feeling the Heat of a Civilization on the Downside

Posted on June 21, 2019 by MN Gordon

The political, financial, economic, and social foundations that have been in place over the last 75 years – and perhaps, over the last 220 years – are breaking down.  And no policy directive, no interest rate adjustment, no trade tariff, no five year plan, no extraordinary measures, no green new deal, and no technocratic prevarication is going to stop it.  Big Government doesn’t stand a chance. Continue reading →

Posted in Inflation, MN Gordon | Tagged , , , , | 1 Comment

Fed Chair Powell’s Plan to Pickle the Economy

Posted on June 14, 2019 by MN Gordon

Once a cucumber becomes a pickle it can never be a cucumber again. Indeed, financial markets have been pickled over to no end. What’s more, Fed Chair Powell’s efforts to unpickle QE were met with howls from the President, Wall Street, and Larry Kudlow. Continue reading →

Posted in Economy, MN Gordon | Tagged , , , , | 11 Comments

Why Fed Chair Powell’s a Laughingstock

Posted on May 3, 2019 by MN Gordon

Powell believes this ”technical adjustment” will compel banks with excess reserves parked at the Fed to pursue better returns elsewhere.  Powell also believes lowering the IOER rate will keep the federal funds rate from deviating above its upper range. Continue reading →

Posted in Economy, MN Gordon | Tagged , , , , | 4 Comments