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Tag Archives: joe biden
The Sordid Politics of Inflation
President Joe Biden just crapped the bed. Again! The near octogenarian thought he’d struck a secret deal back in July. You may have seen Biden’s fist bump with Saudi Crown Prince Mohammed bin Salman at the time. The non-binding agreement called for increased oil production until at least December, after the midterm elections. Continue reading
Posted in Inflation, MN Gordon
Tagged deglobalization, joe biden, mohammed bin salman, opec, saudi arabia
24 Comments
The Politics of Control and Economic Oblivion
A recent White House fact sheet declares that President Biden has delivered on promises to cancel $10,000 of student debt for low- to middle-income borrowers. Who’s he really delivering for? Continue reading
Posted in MN Gordon, Politics
Tagged freedom, government meddling, joe biden, labor productivity, student loan debt
20 Comments
How Inflation Got Away from Washington Screw Ups
Being a government hack has its advantages. You get eleven paid holidays per year. You get promoted for poor performance. The benefits are superb. Best of all, you can get remarkably rich…even if you’re a screw up. Continue reading
Posted in Inflation, MN Gordon
Tagged federal reserve, janet yellen, jerome powell, joe biden, kamala harris, treasury
24 Comments
How Central Planners Corrupted the World
The impossible happened in the late-1970s. Inflation and unemployment simultaneously went vertical. Leading economists were baffled. This contradicted their academic training. Continue reading
Posted in MN Gordon, Politics
Tagged federal reserve, government meddling, janet yellen, jerome powell, joe biden, monetizing debt
35 Comments