Tag Archives: monetizing debt

Providence Is With Us

Posted on September 7, 2012 by MN Gordon

Yesterday European Central Bank President Mario Draghi announced what could be an unlimited bond buying program to save the euro. Later in the day, after running up 28 points, the S&P 500 closed at its highest level since before Lehman … Continue reading →

Posted in MN Gordon, Stock Market | Tagged bubble, business cycle, collapse, congress, monetizing debt, QE3, S&P500 | 1 Comment

Collective Destruction

Posted on July 31, 2012 by MN Gordon

Last Tuesday we remarked that Mario Draghi and the European Central Bank were receiving valuable on the job training. Most notably, that money creation operations are much harder to stop than to start. By Thursday, Draghi confirmed he’s an astute … Continue reading →

Posted in Inflation, MN Gordon | Tagged ben bernanke, currency, dollar, euro, european central bank, federal reserve, monetizing debt | Leave a comment

Violating the Promptings of the Economy

Posted on June 29, 2012 by MN Gordon

I left my heart in San Francisco High on a hill it calls to me To be where little cable cars climb halfway to the stars The morning fog may chill the air, I don’t care My love waits there … Continue reading →

Posted in Government Debt, MN Gordon | Tagged currency, debt, default, gold, monetizing debt | Leave a comment

How Does Gold Fare During Hyperinflationary Periods?

Posted on June 26, 2012 by MN Gordon

How Does Gold Fare During Hyperinflationary Periods? By Jeff Clark, Casey Research Inflation is a natural consequence of loose government monetary policy. If those policies get too loose, hyperinflation can occur. As gold investors, we’d like to know if the … Continue reading →