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ARMed and Dangerous at the U.S. Treasury
The U.S. government’s 2023 fiscal year ends at the end of the month. Does this excite you? It should. Assuming you care about the reliability of your dollar-based savings, investments, and what Uncle Sam does with the taxes you pay. Continue reading
Posted in Government Debt, MN Gordon
Tagged collapse, consumer price index, crash, debt, taxes, treasuries
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An Urgent Appeal for Duane “The Master of Disaster” Peters
Duane Peters worked really, really hard at being “The Master of Disaster” for over 40-years. Day after day. Year after year. Decade after decade. He gave it his all. It was a tough job. The broken bones. The knocked-out teeth. The many face pummelings. But he was good at it. Continue reading
Posted in Inflation, MN Gordon
Tagged debt, duane peters, interest rate, the master of disaster, treasuries
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Tasting the Forbidden Fruit
Make no mistake, consumers and businesses got themselves into this mess. No one held a gun to their heads and forced them to borrow money. They did it to themselves. Continue reading
Posted in Business, MN Gordon
Tagged debt, forbidden fruit, interest rate, saving, thinking, treasuries
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How the Fed Retarded the Residential Real Estate Market
Even though houses are completely unaffordable, prices remain high because the supply is ultra-constrained. The Fed, in essence, retarded the residential real estate market. Only well-intentioned central planners could accomplish such a feat. Continue reading
Posted in Inflation, MN Gordon
Tagged debt, default, federal reserve, real estate, treasuries
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