Ludwig von Mises predicted that every expansionary boom would collapse. Either the currency would be destroyed or the expansion would stop plunging the country into a Depression. His first option, the destruction of the currency would be accompanied by high inflation (possibly hyperinflation) and then Depression. The end result in both cases is the bust.
Is it possible that the inflationary collapse has already occurred? That is the issue discussed in Financial Sense Online.
An Indictment of Central Planning: "Until the debt is cleared and capital starts to be properly allocated, economic growth per unit of ...
Becoming Poorer:
For many years I have believed the US as a people are getting poorer. Two-income families did no...
Williams on Hyperinflationary Great Depression: John Williams sees a hyperinflationary Great Depression in our future. Mr. Williams runs the Shadows...
How Bad The Economy Will Get: A post from The Economic Collapse deals with how bad things will get.
Today, millions of American f...
If Deflation, Why Buy Gold?: As deflation appears (at least at this point) to have the upper hand, gold advocates face question...
Greece-ian Formula For US: Most people are unable or unwilling to imagine what is coming in Euro land. Despite all efforts, a s...
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