Tag Archives: quantitative easing

The Fed’s Harrowing Search for Ample Reserves

Inserted between the push and pull of consumer price inflation and interest rates is the direct market intervention of central planners. Decisions made one day can have lasting penalties upon the next. Yesterday’s monetary policy blunders by the Federal Reserve bring forth adverse conditions today. Continue reading

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How Quantitative Tightening Ends

The pursuit of decadence is always met with the painful reality that stopping the excess is much more difficult than starting. This realization, like a killer in the night, lies in wait until just after the point of no return. When the certain destruction cannot be undone. Continue reading

Posted in Economy, MN Gordon | Tagged , , , , , | 23 Comments

Settling Wreckage from the Past

Settling wreckage from the past with realities of the present can be difficult and painful. If you do the crime. You must do the time. When it comes to financial markets and the economy, this can take many forms. Some of the most common include bankruptcy, shuttered businesses, and collapsing share prices. Continue reading

Posted in MN Gordon, Stock Market | Tagged , , , , | 4 Comments

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