Tag Archives: jp morgan chase

The Impulses of Lunar Fed Policy Under Repo Madness

The Fed, through its repo madness program, has supplied financial markets – including big banks like JP Morgan – with mass liquidity. But that’s not all. The Fed’s also supplied financial markets with a highly tenuous assumption: The Fed will never allow the lack of liquidity of a major debtor to become an insolvency crisis that contracts the money supply. This assumption, without question, will be proven false at the worst possible time. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 17 Comments

Congress’s Radical Plan to End Illegal Money

One of the many downfalls of being the United States Secretary of the Treasury is the requirement to place one’s autograph on the face of the Federal Reserve’s legal tender notes.  There, on public display, is an overt record of … Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , , , | 14 Comments