Tag Archives: yen

What’s Up With Gold?

Posted on May 20, 2022 by MN Gordon

Amidst a backdrop of raging consumer price inflation something strange and unexpected is going on. The U.S. dollar has become more valuable. Not against goods and services. But against foreign currencies. Continue reading →

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What Is Really Backing the Dollar

Posted on March 21, 2014 by MN Gordon

Japan can’t seem to catch a break.  In February, they notched their 20th straight monthly trade deficit.  Like America, Japan now imports more than it exports.  In other words, as a country, Japan grows poorer each month. This, alas, was … Continue reading →

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Programs to Control the Uncontrollable

Posted on July 5, 2013 by MN Gordon

Things are melting up – and melting down – the world over.  What’s more, summer’s only just begun.  While Americans were dreaming of block parties and beach bashes as they punched out for the Independence Day holiday Wednesday afternoon, Cairo … Continue reading →

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The Best Laid Schemes of Mice and Men

Posted on February 22, 2013 by MN Gordon

Japan can’t seem to catch a break.  On Wednesday, for instance, Japan’s Finance Ministry reported that Japanese exports increased 6.4 percent to $51.2 billion in January from a year earlier.  Unfortunately, imports rose even faster…climbing 7.3 percent to $68.6 billion. … Continue reading →

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