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Tag Archives: jerome powell
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 china, consumer prices, jerome powell, people's bank of china, raw materials
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 federal reserve, government meddling, interest rate, janet yellen, jerome powell
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 dollar, free money, janet yellen, jerome powell, john maynard keynes
35 Comments
There’s a Serious Flaw to the Team Powell-Yellen Inflation Scheme
If you’re a wage earner, retiree, or a lowly saver, your wealth is in imminent danger. A lifetime of schlepping and saving could be rapidly vaporized over the next several years. In fact, the forces towards this end have already been set in motion. Continue reading
Posted in Government Debt, MN Gordon
Tagged debt, default, dollar, janet yellen, jerome powell
1 Comment