Tag Archives: president donald trump

The Irresistible Promise of Free Money

Posted on November 21, 2025 by MN Gordon

Politics is a dirty trade. To get elected, politicians must make promises they cannot possibly deliver. Then, once in office, they must somehow pretend to be delivering. Continue reading →

Posted in Business | Tagged , , , , | Leave a comment

Powell Holds the Line

Posted on August 1, 2025 by MN Gordon

This week, as expected, Powell and the Federal Open Market Committee (FOMC), held the federal funds rate at a target range of 4.25 to 4.5 percent. Of note, two members of the FOMC dissented from the majority decision. Continue reading →

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

Fire the Fed, Raise Tariffs, and Hope for the Best

Posted on July 18, 2025 by MN Gordon

President Donald Trump and Treasury Secretary Scott Bessent want lower interest rates so they can lower the financing costs of America’s massive debt. The net interest on the debt for fiscal year 2025 is on track to hit $1 trillion. Continue reading →

Posted in MN Gordon, Stock Market | Tagged , , , , , | 3 Comments

Be Careful What You Wish For

Posted on June 27, 2025 by MN Gordon

If foreign investors reduce their holdings of U.S. Treasuries, then who will pick up the slack? If foreign central banks are not buying Treasuries, how will the government finance its debt? Continue reading →

Posted in Government Debt, MN Gordon | Tagged , , , , | 4 Comments