Tag Archives: ludwig von mises

By Big Government For Big Government

Remember, consumer price inflation is merely the effect. Inflation, in its truest sense, is inflation of the money supply. That’s where inflation starts. That’s where the culprit resides. Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , | 25 Comments

When Boom Turns Into Crack-Up Boom

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 , , , , | 27 Comments

America Has an Epic Choice

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

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