Tag Archives: treasuries

The Great Donkification

Posted on March 19, 2021 by MN Gordon

The U.S. national debt has now eclipsed $28 trillion. The budget deficit for the 2021 fiscal year will likely run up to nearly $3 trillion – possibly more. Hence, it will be financed with printing press money…that is credit created from thin air by the Federal Reserve and loaned to the Treasury. Continue reading →

Posted in Government Debt, MN Gordon | Tagged , , , , , | 5 Comments

The Dollar Is Dying

Posted on August 7, 2020 by MN Gordon

This week, while perusing the Federal Reserve’s balance sheet figures, we came across a rather curious note. We don’t know how long the Fed’s had this note posted to its website. But we can’t recall ever seeing it. Continue reading →

Posted in Inflation, MN Gordon | Tagged , , , , | 17 Comments

Writing on the Wall

Posted on August 16, 2019 by MN Gordon

One of the more disagreeable discrepancies of American life in the 21st century is the world according to Washington’s economic bureaus and the world as it actually is.  In short, things don’t add up.  What’s more, the propaganda’s so far off the mark it’s downright insulting. Continue reading →

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

Is Inflation Beginning? Are You Ready?

Posted on March 22, 2019 by MN Gordon

“Those who cannot remember the past are condemned to repeat it,” remarked George Santayana over 100 years ago. These words, as strung together in this sequence, certainly sound good. But how to render them to actionable advice is less certain. Continue reading →

Posted in Inflation, MN Gordon | Tagged , , , , | 2 Comments