Some people may tune out any talk of inflation, chalking its presence in the media up to fear-mongering (a handy scapegoat!) or laughable economic miscomprehension. “Why worry about inflation, when deflation is clearly the threat?,” so many commentators cried a few months ago. But if all one cares about is the short-term, then one won’t [...]
So, we’re finishing up the eighth straight week of the bear market rally of March-April 2009. Everyone’s asking how long it will last. Last week, Schiff mentioned the rally in passing, but this week he addressed it head on. Simply put:
both some bears and some bulls are wrong going ahead
stocks are up in nominal [...]
The US “dollar collapse” has recently become an emerging trend in Google searches. Whether this has something especially to do with the G20 “success” - and the one trillion in global committment to new stimulus - I’m not sure. Perhaps news about the threat of a hyperinflating dollar has finally reached critical mass.
You can see [...]
Can hyperinflation happen in the U.S.? You bet it can! Will it happen? Depends on what else goes on behind closed doors at the upcoming G20 meeting in London on April 2.
An increasing number of media institutions are reporting on the explicit possibility of hyperinflation in the USA: MSNBC; Global Research; ShadowStats; Economic Populist; Democratic [...]
Some readers have been asking about the prospect that a US-led hyperinflation would extend into Canada. The short answer is that it depends on how much of an economic bully the US administration is going to be to its trading partners. Unfortunately, Canada’s export trade is not very well diversified. We rely too much on [...]
Hyperinflation is inflation that feeds on itself. It has got to the point where inflation begets more inflation and the increase spirals out of control. Just think of the famous image of the German woman burning Deutschemarks because they had more value as heat than as money. That is extreme hyperinflation.
But defined in relative terms, [...]
Some people think it’s crazy to worry about hyperinflation. But in reality, we don’t have to see a repeat of Argentina or Germany to experience the results of hyperinflation. If most global currencies inflate along with the US, the hyperinflation could easily be disguised. We’re still in a good bear market rally as of June [...]