Tag Archives: orange county bankruptcy

Fifty Basis Points To Disaster

Posted on March 12, 2021 by MN Gordon

Fiscal stimulus, including the latest $1.9 trillion American Rescue Plan Act, is a terrible joke. And the means for financing it is a terrible fraud. A massive deficit, piled upon a mammoth debt, made possible by dollar debasement. Continue reading →

Posted in Economy, MN Gordon | Tagged , , , , | 52 Comments

Amplified Losses

Posted on September 11, 2015 by MN Gordon

Federal Open Market Committee meetings are always a spectacle.  The forthcoming FOMC meeting, scheduled for September 16 and 17, should be particularly endearing.  For despite the Fed’s claim to provide transparency the upcoming policy announcement is cloudier than pollywog stew. … Continue reading →

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