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Tag Archives: monetizing debt
Where Does the Money Come From?
This week revealed fresh evidence that things may get worse for the economy before they get better. Obviously, this is not the direction we’d wish to see things go. But rarely do we get what we wish for. This new … Continue reading
Posted in Economy, MN Gordon
Tagged monetizing debt, money, optimism, quantitative easing, small business
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Redistributing Wealth to the Rich
The world’s more unbelievable and fantastical than anything we could imagine. Look around. Astounding things are taking place each and every day. For instance, earlier this week China’s richest man, Wang Jianlin, paid $28.2 million for Pablo Picasso’s painting of … Continue reading
Posted in MN Gordon, Stock Market
Tagged bubble, DOW, monetizing debt, quantitative easing, S&P500
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Economic Frankenstein
According to the Department of Labor, 148,000 jobs were created in September. The experts thought the number of new jobs would be closer to 180,000. Still, the unemployment rate dropped a tenth of a percent to 7.2 percent. No doubt, … Continue reading
Posted in Economy, MN Gordon
Tagged ben bernanke, debt, frankenstein, janet yellen, jobs, labor department, monetizing debt
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End Stimulus Now!
A dreary jobs market, stagnant GDP, declining household income, falling wages, workforce reduction, anemic production… You name it. The economy’s clunking down the road like an old Cutlass Supreme. No matter what fixes are made, the thing can’t seem to … Continue reading
Posted in Government Debt, MN Gordon
Tagged business cycle, collapse, congress, debt, default, monetizing debt
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