Tag Archives: john maynard keynes

Paul Krugman Doesn’t Know T-Shirt Economics

Posted on May 11, 2012 by MN Gordon

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 | 1 Comment

Japan Will Take the World’s Breath Away

Posted on March 27, 2012 by MN Gordon

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

Sowing the Seeds of Mass Inflation

Posted on March 9, 2012 by MN Gordon

Around the time Elvis Presley choked on his last pill the impossible happened; inflation and unemployment increased simultaneously. Economists were confounded. According to the Philips curve there was supposed to be an inverse relationship between inflation and unemployment. When the … Continue reading →

Posted in Inflation, MN Gordon | Tagged business cycle, consumer price index, crash, federal reserve, government meddling, interest rate, john maynard keynes | Leave a comment

How the Fed Steals Your Life

Posted on February 17, 2012 by MN Gordon

Things are going haywire. Prices are shifting about in erratic and unpredictable ways. Take gas prices, for instance. Here in the Golden State we just paid $3.87 per gallon for the cheap stuff. You’d think at that price the economy … Continue reading →