-
Follow Us On
Gold Price (Dollars per Oz)
Categories
-
Recent Articles
-
Tag Archives: quantitative easing
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 ben bernanke, jamie dimon, janet yellen, john maynard keynes, quantitative easing, quantitative tightening
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
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 euro, european central bank, monetizing debt, negative yields, quantitative easing
1 Comment
Experience the Magic of Unconventional Instruments
One of the pleasures of living in a postmodern world is witnessing the incoherent monetary policy efforts of central bankers. It’s like watching a child chase seagulls at the beach. There’s a lot of movement with no purpose or accomplishment. … Continue reading