Tag Archives: monetizing debt

Divided We Stand United We Fall

Posted on December 2, 2011 by MN Gordon

By the time the Vandals sacked Rome in A.D. 455 the empire of the Caesars had already receded from Western Europe. Over several decades the vast territories of Britannia, Hispania, Gallia, and Italia gave way, piecemeal, to barbarians until imperial … Continue reading →

Posted in Inflation, MN Gordon | Tagged bank of japan, collapse, currency, debt, euro, federal reserve, government meddling, interest rate, monetizing debt | 2 Comments

When the Voters Get Whacked Again

Posted on August 5, 2011 by MN Gordon

Yesterday, at opening bell, stocks paused for a moment and then barfed all over themselves. After that, they did it again…and again. When it was over the DOW had plunged 512 points and Wall Street had fully freaked out. Is … Continue reading →

Posted in Economy, MN Gordon | Tagged ben bernanke, collapse, DOW, government meddling, jobs, monetizing debt | Leave a comment

The Origins of Central Banking

Posted on April 26, 2011 by MN Gordon

Ben Bernanke must think he’s an amateur entertainer. Tomorrow, after 98 years of silence, the Fed Chairman will give the central bank’s first-ever press conference. Here at the Economic Prism we’ll be watching with wide eyes and anticipation…hoping for the … Continue reading →

Posted in Inflation, MN Gordon | Tagged ben bernanke, collapse, currency, federal reserve, government meddling, monetizing debt | 1 Comment

A Monument to Ugliness

Posted on March 11, 2011 by MN Gordon

Here in the land of fruits and nuts we paid $3.89 for a gallon of the cheap stuff on Monday night. No doubt, gas prices will soon top $4 per gallon. No doubt, these gas prices bite. But not only … Continue reading →