Home » Posts tagged 'mn gordon' (Page 5)
Tag Archives: mn gordon
The Degrading Facts of a Fake Money Hole in the Head
The Degrading Facts of a Fake Money Hole in the Head Squishy Fact Finding Mission Today we begin with the facts. But not just the facts; the facts of the facts. We want to better understand just what it is that is provoking today’s ludicrous world. To clarify, we are not after the cold hard […]
Are You Prepared for the End of Fake Money?
Are You Prepared for the End of Fake Money? What Is Money? Today we begin with a fundamental question: What is money? This, no doubt, is an important question. And we ask it with clear intent and purpose. Namely, we want to better understand how it’s possible for America to rack up such a massive […]
Chasing the Wind
Chasing the Wind Futility with Purpose Plebeians generally ignore the tact of their economic central planners. They care more that their meatloaf is hot and their suds are cold, than about any plans being hatched in the capital city. Nonetheless, the central planners know an angry mob, with torches and pitchforks, are only a few […]
America Goes Full Imbecile
America Goes Full Imbecile Credit has a wicked way of magnifying a person’s defects. Even the most cautious man, with unlimited credit, can make mistakes that in retrospect seem absurd. But an average man, with unlimited credit, is preeminently disposed to going full imbecile. Let us not forget about this important skill… [PT] Several […]
Full Faith and Credit in Counterfeit Money
Full Faith and Credit in Counterfeit Money There are nooks and corners in every city where talk is cheap and scandal is honorable. The Alley, in Downtown Los Angeles, is a magical place where shrewd entrepreneurs, shameless salesmen, and downright hucksters coexist in symbiotic disharmony. Fakes, fugazis, and knock-offs galore, pack the roll-up storefronts with […]
The Oil Curse Comes to Washington
The Oil Curse Comes to Washington Prices rise and prices fall. So, too, they fall and rise. This is how the supply and demand sweet spot is continually discovered – and rediscovered. When supply exceeds demand for a good or service, prices fall. Conversely, when demand exceeds supply, prices rise. Producers use the information communicated […]
Paradise in LA LA Land
Paradise in LA LA Land More is revealed with each passing day. You can count on it. But what exactly the ‘more is of’ requires careful discrimination. Is the ‘more’ merely more noise? Or is it something of actual substance? Today we endeavor to pass judgment, on your behalf. Normally, judgment would be passed on […]
Broken Promises
Broken Promises Demanding More Debt Consumer debt, corporate debt, and government debt are all going up. But that’s not all. Margin debt – debt that investors borrow against their portfolio to buy more stocks – has hit a record of $642.8 billion. What in the world are people thinking? A blow-off in margin debt mirroring the […]
Haunted by Ghosts of the Old Eastern Bloc
Haunted by Ghosts of the Old Eastern Bloc Ridiculous Minutia Jerome Powell, the new Chairman of the Federal Reserve, just completed his third week on the job. He’s hardly had enough time to learn how to operate the office coffee maker, let alone the all-in-one printer. He still doesn’t know what roach coach menu items […]
When Budget Deficits Will Really Go Vertical
When Budget Deficits Will Really Go Vertical Mnuchin Gets It United States Secretary of Treasury Steven Mnuchin has a sweet gig. He writes rubber checks to pay the nation’s bills. Yet, somehow, the rubber checks don’t bounce. Instead, like magic, they clear. How this all works, considering the nation’s technically insolvent, we don’t quite understand. […]
What Kind of Stock Market Purge Is This?
What Kind of Stock Market Purge Is This? Actions and Reactions Down markets, like up markets, are both dazzling and delightful. The shock and awe of near back-to-back 1,000 point Dow Jones Industrial Average (DJIA) free-falls is indeed spectacular. There are many reasons to revel in it. Today we shall share a few. To begin, losing money […]
As the Controlled Inflation Scheme Rolls On
As the Controlled Inflation Scheme Rolls On Controlled Inflation American consumers are not only feeling good. They are feeling great. They are borrowing money – and spending it – like tomorrow will never come. After an extended period of indulging in excessive moderation (left), the US consumer makes his innermost wishes known (right). [PT] On Monday the Federal Reserve […]
Why You Should Embrace the Twilight of the Debt Bubble Age
Why You Should Embrace the Twilight of the Debt Bubble Age People are hard to please these days. Clients, customers, and cohorts – the whole lot. They’re quick to point out your faults and flaws, even if they’re guilty of the same derelictions. The recently retired always seem to have the biggest axe to grind. […]
Several Simple Suppositions and Suspicions for 2018
Several Simple Suppositions and Suspicions for 2018 A New Year of Symbiotic Disharmony The New Year is nearly here. The slate’s been wiped clean. New hopes, new dreams, and new fantasies, are all within reach. Today is the day to make a double-fisted grab for them. Without question, 2018 will be the year in which […]
The Rug Yank Phase of Fed Policy
The Rug Yank Phase of Fed Policy Bogus Jobs Pay Big Bucks The political differences of today’s two leading parties are not over ultimate questions of principle. Rather, they are over opposing answers to the question of how a goal can be achieved with the least sacrifice. For lawmakers, the goal is to promise the […]
