Tag Archives: ludwig von mises

When Boom Turns Into Crack-Up Boom

Posted on January 22, 2021 by MN Gordon

U.S. dollar printing in its current form is a crude procedure. The Treasury issues debt. The Federal Reserve then expands its balance sheet, creating credit from nothing, and loans it to the Treasury. The U.S. government then spends the debt based money into the economy via federal contracts, programs, and, now, stimmy checks. Continue reading →

Posted in Economy, MN Gordon | Tagged , , , , | 24 Comments

America Has an Epic Choice

Posted on October 9, 2020 by MN Gordon

America has an epic choice. And it has nothing to do with who will be the next president of the United States. It has nothing to do with if the new stimulus bill is $1.6 trillion or $2.2 trillion. Continue reading →

Posted in Inflation, MN Gordon | Tagged , , , , | 23 Comments

Ludwig von Mises’s Century of Validation

Posted on April 28, 2017 by MN Gordon

It has been said that “the definition of insanity is doing the same thing over and over again and expecting different results.”  No one quite knows who first uttered this remark; it has been attributed to Albert Einstein, Mark Twain, … Continue reading →

Posted in MN Gordon, Politics | Tagged , , , , | 15 Comments

“We Know Better!”

Posted on January 4, 2013 by MN Gordon

Monetary intervention into credit markets is much easier to start than to stop.  In fact, once started, monetary intervention is nearly impossible to stop.  Just ask Fed Chairman, Ben Bernanke. He’s promised to expand the Fed’s balance sheet by over … Continue reading →

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