Unless you are a speculator, you have no business in these financial markets. Stocks are crazy and likely overvalued. Bonds are likely the next bubble to burst. We are approaching an inevitable economic apocalypse and the government is doing everything it can to hide it from you. What passes for [...]

Recent comments by readers on hyperinflation that were prompted by the previous post, Williams on Hyperinflation, make me believe that the following link might be useful. It discusses inflation from a personal experience perspective and makes an argument for why financial assets will not do well in such a scenario. [...]

The issue of inflation-deflation will not go away. Michael Panzner has written an article as to why we will have hyperinflation. His key sentence is Hyperinflation is a fiscal phenomenon borne out of a bankrupt state that can’t service its debts. In one simple sentence, Mr. Panzner has described the [...]

Many have warned about the impossible mathematical situation the Federal Government has maneuvered its way into. This problem existed before President Obama, although he surely has accelerated the date with bankruptcy more than anyone else. I have laid out the absurd condition and shown why it is impossible to escape [...]

The economic condition of the country continues to decline toward its rendezvous with an, as yet, unknowable catastrophe. Speculation regarding this outcome is natural because self-interest, if not self-preservation, is at stake. Here is but one possibility. It is not a prediction, but a look at a series of not [...]

Another in a series of posts dealing with whether we have inflation or deflation as this economic crisis plays out. I am in the inflation camp, but plenty of people that I respect are in the deflation camp. The article below by Rocky Vega deals with the potential that is [...]

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 [...]

Quite a while back, when “green shoots” were all in vogue, I suggested that 2010 was the year when you would start hearing the dreaded “D” word (Depression) being thrown around as a matter of course. The ability to propagandize that things were getting better would crumble in the face [...]

As the economic crisis approaches the two-year point, it is apparent that “this time is different.”  Few analysts believe that we are going to recover from this Great Recession in a fashion that resembles prior recoveries. Most argue about how long it might run (Japan’s recovery is now two decades [...]

John Williams sees a hyperinflationary Great Depression in our future. Mr. Williams runs the Shadowstats.com website. He provides adjusted figures for such government released measures as GDP, inflation, employment, etc. Williams provides his rationale in an interview here. He is an astute analyst whose opinion is respected. US is BankruptJohn [...]

We know that the Federal Reserve is little more than an inflation machine. Since its inception in 1913, the value of the dollar has fallen by about 96%. The biggest part of this decline (80% points) has been since 1971 when the US (and the whole world) went on a [...]

It is difficult to determine when we have reached or passed the “tipping point” regarding inflation or hyperinflation. This post from bearish news is an excellent one for anyone concerned about hyperinflation.  It reviews Peter Bernholtz’ results from studying many national hyperinflations: Hayman Advisors provided a good summary of Bernholz’s [...]

We’re Screwed! ShadowStats.com founder John Williams explains the risk of hyperinflation. Worst-case scenario? Rioting in the streets and devolution to a bartering system. Thursday, December 31, 2009 By Phil Maymin [Gold is] going to be highly volatile, as will the dollar, over the near term, but longer term, physical gold [...]

One of the better economic analysts is John Williams at Shadowstats.com. When he speaks, one should listen carefully. He has just done so: The U.S. economic and systemic solvency crises of the last two years are just precursors to a Great Collapse: a hyperinflationary great depression. Such will reflect a [...]

John Williams of Shadowstats.com is an outstanding analyst. In this interview he details what our problems are and why they are NOT solvable. Do not listen with sharp objects nearby or above the first floor of a building. Might not hurt to have a stiff drink or two also. John [...]

Two interesting articles from Rolfe Winkler. The first, involving North Korea, is indicative of what happens in an hyperinflation, including the financial destruction of savings. Interesting reading if you are naive about hyperinflation and devaluations. I am not suggesting that the US is anywhere near such action, although a few [...]

Image via Wikipedia Zimbabwe’s hyperinflation is legendary. To the right is a 100,000,000 note (currency). Their problem was unsustainable debt that the government tried to depreciate via the printing presses. That is the exact problem we have. It is also the exact strategy that our government has chosen. Most references [...]

John Mauldin’s latest read is, as usual, excellent. Here is an excerpt “As I have been writing, the United States in particular, and the developed world in general, are faced with a series of very unpleasant, if not downright bad choices. The time for good choices was ten years ago. [...]

For some who closely follow the economic situation, it is obvious that we are headed for a disaster. There can be no happy ending. It will be a tragedy! Only the timing and shape are unknown. However, most disagree, believing this crisis is merely another recession like so many before. [...]

Here is an article that speculates why the outcome of our current economic problems will result in deflation as opposed to inflation. I believe that inflation (very high, perhaps hyper) will be the outcome. But, it is not possible at this point to predict, because future actions by government are [...]