Tag Archives: jerome powell

Will Larry Summers Save the World Again?

Modern macroeconomics is a boring and dreary trade. The monthly report outs on GDP, unemployment, inflation, and other data aggregates, are a dull waste of time. What decisions could you possibly make to improve your lot in life from these data reports? Continue reading

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

Why Consumer Price Inflation Is Here To Stay

The ability of U.S. central planners to export price inflation to China is finally breaking down. This ability masked the effect of loose fiscal and monetary policies in the U.S. for several decades, as the consequences of enormous deficits and radical money supply expansion were offset by low cost consumer goods. Those days are over. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 24 Comments

The Fed’s Two Disagreeable Choices

Dr. Fauci – a quack – is disturbed by all the holdouts. He wants to “full-court press” the selfish anti-vaxxers who refuse to take one for the team. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 2 Comments

The Ugly Truth About Printing Press Money

After asset price inflation and wild gambling and speculation comes consumer price inflation…the real wealth destroyer. This is the ugly truth about printing press money. The ugly truth Fed Chair Powell and Treasury Secretary Yellen will never share as they champion the virtues of their policies of mass inflation. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 34 Comments