Tag Archives: monetizing debt

Destination Mars

One of the more preposterous deeds of modern central banking involves creating digital monetary credits from nothing and then using the faux money to purchase stocks.  If you’re unfamiliar with this erudite form of monetary policy this may sound rather … Continue reading

Posted in MN Gordon, Stock Market | Tagged , , , , , | 12 Comments

Potato Sack Economics

Fiscal policy, as opposed to monetary policy, is more readily understood by the general populace. Income taxes, budget deficits, the national debt.  These are all tangible things the average working stiff can grasp a hold of, if they care to. … Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 2 Comments

Monkey Economics

Despite the advent of the tablet phone and microwave kettle corn, there are still rudimentary evolutionary responses hardwired into the core of the human psyche.  During moments of failing they take over and suppress clear thinking.  How else can one … Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | Leave a comment

The Beginning of the End for the European Union

The European Central Bank initiated a new mass money debasement scheme yesterday.  If you recall, this involves buying €60 billion ($66 billion) a month of European government bonds.  Somehow this is supposed to improve the economy. No doubt, the European … Continue reading

Posted in MN Gordon, Politics | Tagged , , , , | 1 Comment