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Tag Archives: john maynard keynes
Welcome to Life After the End of the World
“It’s important to rescue the frog.” – Al Gore Jr., Nobel Prize Laureate. The Great Conmen of Our Day Known unknowns are commonly unsettling. People pay good money for the comfort of a favorable prediction, particularly when it’s from someone … Continue reading
Posted in Economy, MN Gordon
Tagged ben bernanke, collapse, dollar, john maynard keynes, mayan apocalypse
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Why Chimpanzees Throw Poop at Zoo Gawkers
Can you believe it? The 2012 fiscal year budget deficit is on track to eclipse $1 trillion a year for the fourth year in a row… According to the Treasury Department, “through the first nine months of the budget year, … Continue reading
Posted in Inflation, MN Gordon
Tagged congress, currency, debt, gold, john maynard keynes
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Paul Krugman Doesn’t Know T-Shirt Economics
The DOW eked out a slight gain yesterday. Nonetheless, stocks are falling. So are oil prices. Gold too. This, no doubt, brings good cheer to the Fed. For it gives them cover to print more money. Falling oil prices mask … Continue reading
Posted in Economy, MN Gordon
Tagged business cycle, DOW, federal reserve, john maynard keynes, monetizing debt, paul krugman, stimulus
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Japan Will Take the World’s Breath Away
Last Sunday, in Long Beach, California, the impossible happened…it rained for the second consecutive weekend. Just ask anyone who lives here. That never happens. We’re not complaining. Without the wet weather we would have never discovered the hole in the … Continue reading
Posted in Government Debt, MN Gordon
Tagged bank of japan, currency, debt, default, john maynard keynes, yen
4 Comments