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Simple Math of Bank Horsepucky
We stepped out on our front stoop Wednesday morning and paused to take it all in. The sky was at its darkest hour just before dawn. The air was crisp. There was a soft coastal fog. The faint light of … Continue reading
The One Thing that Will Change Everything
“There are more things in heaven and Earth, Horatio, than are dreamt of in your philosophy.” – William Shakespeare, Hamlet Ticking Time Bomb The American populace counts down to Election Day with impatient intent. Will their party man occupy the … Continue reading
Posted in Government Debt, MN Gordon
Tagged business cycle, dr franz pick, interest rate, saving, treasuries
2 Comments
Double Whammy Economics
What’s up with the U.S. consumer? They seem to have come to their senses at the worst possible time. They can no longer be counted on to push economic growth up and to the right. Specifically, they’re not spending money … Continue reading
Posted in MN Gordon, Politics
Tagged consumer spending, larry fink, nirp, saving, treasury yields
3 Comments
Abolish the Federal Debt Limit
One trouble with government programs is they mislead people. Recipients believe they are getting a benefit when, in effect, they are unwittingly being placed in harm’s way. Time and time again, under the influence of a benevolent hand of government, … Continue reading
Posted in Government Debt, MN Gordon
Tagged debt ceiling, default, retirement, saving, social security, taxes
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