hyperinflation Archive

  • That is what the goldbugs never get and it is why they lose so much money waiting for inflation to appear first. They simply do not understand how the real world functions, no less the monetary system. They hang their entire thesis on the German hyperinflation without understanding that it was a communist revolution that disavowed the national debt of the previous government by wiping out banks and savings as they invited the Russian communists to take Germany.

    How Stocks Rise in an Economic Decline

    That is what the goldbugs never get and it is why they lose so much money waiting for inflation to appear first. They simply do not understand how the real world functions, no less the monetary system. They hang their entire thesis on the German hyperinflation without understanding that it was a communist revolution that disavowed the national debt of the previous government by wiping out banks and savings as they invited the Russian communists to take Germany.

    Continue Reading...

  • It seems that society cannot handle complexity and always tries to reduce it to a single cause and effect. Therein lies the confusion since nothing is a single cause but always complexity. Austerity is always the precursor to revolution. Hyperinflation is the effect of revolution, not paper money.

    Austerity vs. Hyperinflation: Which Is the Precursor to Revolution?

    It seems that society cannot handle complexity and always tries to reduce it to a single cause and effect. Therein lies the confusion since nothing is a single cause but always complexity. Austerity is always the precursor to revolution. Hyperinflation is the effect of revolution, not paper money.

    Continue Reading...

  • ... the total collapse in the confidence of government. It is not a question of money supply for that is akin to putting the cart before the horse. As confidence collapses, people trust the government less and resort to using the currency of neighboring countries.

    Venezuela’s Hyperinflation

    ... the total collapse in the confidence of government. It is not a question of money supply for that is akin to putting the cart before the horse. As confidence collapses, people trust the government less and resort to using the currency of neighboring countries.

    Continue Reading...

  • QUESTION: Hi Martin, I was “of one mind” when it came to gold and silver and the shisters that clam “manipulation to the downside,” “gold is going to 5K,” and […]

    Gold – China – Here We Go Again

    QUESTION: Hi Martin, I was “of one mind” when it came to gold and silver and the shisters that clam “manipulation to the downside,” “gold is going to 5K,” and […]

    Continue Reading...

  • Alternatively heralded as an incompetent fool and a tragic hero, Gideon Gono has been at the center of Zimbabwe's economic decline since he was appointed governor of the country's Reserve Bank in 2003. Gono is known in some circles as "Mr. Inflation" because he has overseen the printing of billions of dollars in worthless notes, most recently Zimbabwe's trillion-dollar bill, to be launched later this year. But he is more than a central banker.

    Gideon Gono, father of the 100 Trillion dollar bill

    Alternatively heralded as an incompetent fool and a tragic hero, Gideon Gono has been at the center of Zimbabwe's economic decline since he was appointed governor of the country's Reserve Bank in 2003. Gono is known in some circles as "Mr. Inflation" because he has overseen the printing of billions of dollars in worthless notes, most recently Zimbabwe's trillion-dollar bill, to be launched later this year. But he is more than a central banker.

    Continue Reading...

  • The politicians "keep spending to the end" >> These happened in most of the countries which headed quickly to total collapse. This is clearly visible in USA. The incoming president proposed the "Change" and brought more of 3) More deficit ( Obama plan 1 trillion dollar in February 2009). This is EXACTLY what happened in Argentina. The "new president" proposed the "change", but he brought more spending and country collapsed later. He escaped in a helicopter.

    Inflation in Argentina

    The politicians "keep spending to the end" >> These happened in most of the countries which headed quickly to total collapse. This is clearly visible in USA. The incoming president proposed the "Change" and brought more of 3) More deficit ( Obama plan 1 trillion dollar in February 2009). This is EXACTLY what happened in Argentina. The "new president" proposed the "change", but he brought more spending and country collapsed later. He escaped in a helicopter.

    Continue Reading...

  • Documentary on the events that led to the economic collapse of Argentina in 2001 which wiped out the middle class and raised the level of poverty to 57.5%. Central to the collapse was the implementation of neo-liberal policies which enabled the swindle of billions of dollars by foreign banks and corporations. Many of Argentina's assets and resources were shamefully plundered. Its financial system was even used for money laundering by Citibank, Credit Suisse, and JP Morgan. The net result was massive wealth transfers and the impoverishment of society which culminated in many deaths due to oppression and malnutrition. Official name: Memoria del Saqueo by Fernando Solanas 2003.

    Argentina’s Economic Collapse

    Documentary on the events that led to the economic collapse of Argentina in 2001 which wiped out the middle class and raised the level of poverty to 57.5%. Central to the collapse was the implementation of neo-liberal policies which enabled the swindle of billions of dollars by foreign banks and corporations. Many of Argentina's assets and resources were shamefully plundered. Its financial system was even used for money laundering by Citibank, Credit Suisse, and JP Morgan. The net result was massive wealth transfers and the impoverishment of society which culminated in many deaths due to oppression and malnutrition. Official name: Memoria del Saqueo by Fernando Solanas 2003.

    Continue Reading...

  • For the average Joe, it's going to take a long time for the paycheck to catch up to inflation – if it ever does. First, prices and your employer's revenues have to rise before things filter down to your paycheck. The average worker only gets a higher paycheck after inflation has already kicked in. Banks dealing in interest rates get their adjustments before inflation ever kicks in. Is there any wonder now why Wall Street isn't particularly concerned about inflation and low interest rates?

    Why Wall Street Loves Low Interest Rates and Inflation

    For the average Joe, it's going to take a long time for the paycheck to catch up to inflation – if it ever does. First, prices and your employer's revenues have to rise before things filter down to your paycheck. The average worker only gets a higher paycheck after inflation has already kicked in. Banks dealing in interest rates get their adjustments before inflation ever kicks in. Is there any wonder now why Wall Street isn't particularly concerned about inflation and low interest rates?

    Continue Reading...

  • Gradually? Is it means that, later when price went up 100%, "gradually", it is not that bad as compare to sudden price spike? Both "gradual" or spike increase in price is STILL an inflation! Why do they still want to manage people perception towards things (inflation) that is inevitable when government print more money.

    News – Prices of consumer goods likely to increase gradually

    Gradually? Is it means that, later when price went up 100%, "gradually", it is not that bad as compare to sudden price spike? Both "gradual" or spike increase in price is STILL an inflation! Why do they still want to manage people perception towards things (inflation) that is inevitable when government print more money.

    Continue Reading...

  • They (government) will not honor their promises.  American seniors nearing retirement found the goal posts for full retirement were moved from age 65 to age 67. They are looking to move it again to 69 to 70 on the theory the life-expectancy has increased. The life-expectancy was 65 when the created social security. They always figured you would die before collecting very much. An that was from the beginning.

    What the Hyperinflationists Do Not Understand

    They (government) will not honor their promises. American seniors nearing retirement found the goal posts for full retirement were moved from age 65 to age 67. They are looking to move it again to 69 to 70 on the theory the life-expectancy has increased. The life-expectancy was 65 when the created social security. They always figured you would die before collecting very much. An that was from the beginning.

    Continue Reading...