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Coming Down from Cloud Cuckoo Land
In between the birth and death of capital there’s a wide-ranging succession. The lifecycle of capital generally follows that it is imagined, produced, consumed, and destroyed. How exactly this all takes place involves varying and infinite undulations. Continue reading
Posted in Economy, MN Gordon
Tagged bill bonner, schlitz beer, stroh brewery company, treasuries, wealth destruction
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The Zealous Pursuit of State Sponsored Wealth Destruction
The lifecycle of capital follows a wide-ranging succession. It is imagined, produced, consumed, and destroyed. How exactly this all takes place involves varying and infinite undulations. One generation may produce wealth. While the next generation burns through it. Various facets … Continue reading
Posted in Inflation, MN Gordon
Tagged collapse, consumer price index, federal reserve, jerome powell, president trump, wealth destruction
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