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Tag Archives: modern monetary theory
Modern Monetary Theory Bites the Dust
Fashion changes from one year to the next so fast it’s best to ignore it. Not only will you save money by not chasing the latest shiny object. You’ll also retain more of the most valuable commodity of all. Your time. Continue reading
Posted in Inflation, MN Gordon
Tagged ice cube, mmt, modern monetary theory, stephanie kelton, the deficit myth
22 Comments
Fruits Of Inflation Are Blossoming
A bountiful harvest can always be demanded from the land. So, too, a bountiful supply of money can be demanded from the central bank. But remember, in an economy, like a harvest, you reap what you sow. What we mean is all money is not created equal. Continue reading
Posted in Inflation, MN Gordon
Tagged central planning, joe biden, modern monetary theory, ralph waldo emerson, soviet union
20 Comments
“In America Money Does Grow on Trees”
The U.S. government, and by extension the American people, are fully committed to a program of currency debasement to inflate away the debt problem. They believe executing an implicit default via inflation is the easier and softer way. Continue reading
Posted in Inflation, MN Gordon
Tagged budget deficit, ice cube, modern monetary theory, presidential debate, stuck pig
19 Comments
America’s Road Map to $40 Trillion National Debt by 2028
Watch out! At this very moment, professional economists of all stripes are making plans on your behalf. They’re dreaming and scheming new and innovative ways to spend your money long before you’ve earned it. Continue reading
Posted in Economy, MN Gordon
Tagged debt, default, government action, modern monetary theory, pre-emptive stimulus
9 Comments