Tag Archives: jerome powell

Loathe for the Stimulus Era

Posted on November 13, 2020 by MN Gordon

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 , , , , | 20 Comments

America Has an Epic Choice

Posted on October 9, 2020 by MN Gordon

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

Maxine Waters Drops the Hammer on Powell and Mnuchin

Posted on September 25, 2020 by MN Gordon

This week Federal Reserve Chairman Jay Powell and U.S. Secretary of the Treasury Steven Mnuchin were called upon by the House Financial Services Committee to provide answers. Somehow, their efforts to deliver upon the directive of the CARES Act did not live up to certain expectations. Magic wands were waved. Yet they only made asset holders richer. Continue reading →

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

In The Long Run We Are All Alive

Posted on August 28, 2020 by MN Gordon

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 , , , , | 19 Comments