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Tag Archives: monetary policy
Is Janet Yellen a Jenny Ass?
Federal Reserve Chair Janet Yellen’s at the top of her game. She knows exactly what to do. She’s a PhD economist, after all. Her various affiliations with the Fed go back nearly 40 years. She knows what the correct Fed … Continue reading
Posted in MN Gordon, Politics
Tagged federal funds rate, janet yellen, jenny ass, monetary policy, zirp
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Garbage In Garbage Out Economics
“On two occasions I have been asked, “Pray, Mr. Babbage, if you put into the machine the wrong figures, will the right answers come out? …I am not able rightly to apprehend the kind of confusion of ideas that could … Continue reading
The Economic Motherboard is Now Fried
Economics is a boring and tedious trade to the casual observer. All the monthly report outs on GDP, employment, manufacturing, inflation, among other indexes, are a dull waste of time. What decisions could one possibly make to improve their lot … Continue reading
Posted in MN Gordon, Politics
Tagged ben bernanke, interest rates, janet yellen, larry summers, monetary policy
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Prepare for a Harder World
Aside from death and taxes, the only guarantee in life is change. Change, you see, is constant. It’s always happening. Sometimes change is an improvement. Other times it’s an adversity. But it’s always happening…you can count on it. With this … Continue reading
Posted in Inflation, MN Gordon
Tagged berkshire hathaway, change, charles munger, monetary policy, warren buffett
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