Monty Pelerin's World

In Part I of this two-parter a coming currency collapse and accompanying sovereign bankruptcies were discussed. This part discusses why a currency collapse is nearly certain and what options and [...]

Do Not Miss the Audio Below! Ultimately the debate as to whether this crisis ends in a deflationary or inflationary collapse will be decided by the outplay of several forces. [...]

The end point is near. The only thing keeping both Europe and the US afloat is massive money printing by the ECB and the Fed. The world has reached the [...]

On the roller coaster that we call the stock market, it is easy to miss the forest for the trees. Volatile short-term moves are especially pronounced in today’s economic environment. [...]

Whatever this is, don’t call it inflation. Government does its best to hide the effects of Mr. Bernanke policies, but reality has an inconvenient way of intruding. From The Washington [...]

A long (90 minute) presentation on gold, silver, the stock market and inflation. A simple explanation that should help people understand what is happening with respect to asset cycles and [...]

H/T to EBW for providing this chart and his comment:  ”Adjusted for inflation, the Dow Jones is about equal to where it was in 1991. Stock market gains have been [...]

Governments always resort to inflation when they near exhaustion. It has always been so. Government-sanctioned theft is timeless. Witness the chart below that shows the silver content of Roman coins [...]

Because gold has risen rather spectacularly over the last ten years, many claim that it has become a bubble. This claim is usually made solely on the basis that the [...]

Inflation is beginning to break out all over. The government is beginning to look even sillier trying to deny that it is a problem. Joel Bowman provides the following commentary: [...]

There were a few responses to requests for comments which I will address as best I am able. The requests were triggered by reader ER with the following: When will [...]

Bill Bonner has a knack of putting complex matters into simple words. Here is an example: How Inflation is Preventing a Real Economic Recovery by Bill Bonner Oh what a wicked [...]