Category: HyperInflation
The analysis published under this category are as follows.
Tuesday, March 03, 2015
Is Japan Zimbabwe? Could Japan go Hyperinflation? / Economics / HyperInflation
By: Axel_Merk
Is Japan Zimbabwe? How preposterous: Japan is an advanced economy that cannot possibly suffer the same fate as Zimbabwe. Right? Or could Japan get hyperinflation? Below I explain why Japan, and with it investors' portfolios, might be at risk.
Thursday, February 26, 2015
Ukraine Hyperinflation as Currency Plunges 44% in One Week! / Economics / HyperInflation
By: Mike_Shedlock
... Actual Black Market Rates; Poroshenko Gives 'Ultimatum' to Central Bank to Fix Exchange Rate
I hear various reports of what the hryvnia actually trades for on the black market in Ukraine. I believe the reports, but they come in piece-mail.
Today, I have an actual black market link to share thanks to reader Oleg from Crimea.
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Monday, February 09, 2015
Hyperinflation of the Union for the Unions / Currencies / HyperInflation
By: Dr_Jeff_Lewis
One of my patients runs a travel section for one of the oil industry majors located in the San Francisco Bay Area. She was complaining about her vision while traveling on the plane. She contemplated that since she doesn't fly business anymore, maybe it's not that big of deal. Her company was cutting back on expenses.
I found myself wanting to articulate 'the real' (paper-trading) cause for the oil price drop, but then I stopped. I realized in that moment how the view that futures trading and participant positioning as the central tenets of price discovery is such an abstract concept for most people.
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Thursday, January 01, 2015
Food Stamps, Subprime and Hyperinflation / Stock-Markets / HyperInflation
By: Dr_Jeff_Lewis
The next generation will look back at the current period with utter astonishment. The archives will be riddled with debates and all manner of euphemisms for what led to the collapse of the world’s first and last fiat reserve currency.
It is a process well underway. Take a look at two seemingly unrelated, though current, economic-financial trends: Food stamps and subprime.
The case of spending compared with risk. Food assistance is but a tiny tributary broken off from a massive river of denial.
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Friday, November 14, 2014
Hyperinflation in the U.S.? / Economics / HyperInflation
By: Dr_Jeff_Lewis
“WAR is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives.”
-General Smedley Butler, USMC
“Let me issue and control a nation's money and I care not who writes the laws.”
-Mayer Amschel Rothschild (1744-1812), founder of the House of Rothschild
Sunday, November 02, 2014
Hyperinflation - When Money Dies: Germany and Paper Money After 1910 / Economics / HyperInflation
By: MISES
Marcia Christoff-Kurapovna writes: The story of the destruction of the German mark during the hyper-inflation of Weimar Germany from 1919 to its horrific peak in November 1923 is usually dismissed as a bizarre anomaly in the economic history of the twentieth century. But no episode better illustrates the dire consequences of unsound money or makes a more devastating, real-life case against fiat-currency: where there is no restraint, monetary death will follow.
Monday, January 13, 2014
Politicians Will Tell Us Hyperinflation is Necessary, Proper, Patriotic, and Ethical / Economics / HyperInflation
By: MISES
Patrick Barron writes: Hyperinflation leads to the complete breakdown in the demand for a currency, which means simply that no one wishes to hold it. Everyone wants to get rid of that kind of money as fast as possible. Prices, denominated in the hyper-inflated currency, suddenly and dramatically go through the roof. The most famous examples, although there are many others, are Germany in the early 1920s and Zimbabwe just a few years ago. German Reichsmarks and Zim dollars were printed in million and even trillion unit denominations.
Monday, December 02, 2013
Revolutionary France’s Road to Hyperinflation / Economics / HyperInflation
By: MISES
Today, anyone who talks about hyperinflation is treated like the shepherd boy who cried wolf. When the wolf actually does show up, though, belated warnings will do little to keep the flock safe.
The current Federal Reserve strategy is apparently to wait for significant price inflation to show up in the consumer price index before tapering. Yet history tells us that you treat inflation like a sunburn. You don’t wait for your skin to turn red to take action. You protect yourself before leaving home. Once inflation really picks up steam, it becomes almost impossible to control as the politics and economics of the situation combine to make the urge to print irresistible.
Friday, November 29, 2013
Hyperinflation of The Reserve Currency / Currencies / HyperInflation
By: Dr_Jeff_Lewis
The recent rise in interest rates, in response to the threat of Fed tapering, foreshadows the unavoidable demise for the dollar. Not only did the rise in rates have an immediate effect on the housing recovery, it also indirectly exposed the system to another vulnerability, that is, the Fed is not only the lender of last resort but will be the lender to the spender of last resort - the US Treasury.Read full article... Read full article...
Sunday, November 17, 2013
The End of German Hyperinflation - 90 Years Ago / Economics / HyperInflation
By: Thorsten_Polleit
On 15 November 1923 decisive steps were taken to end the nightmare of hyperinflation in the Weimar Republic: The Reichsbank, the German central bank, stopped monetizing government debt, and a new means of exchange, the Rentenmark, was issued next to the Papermark (in German: Papiermark). These measures succeeded in halting hyperinflation, but the purchasing power of the Papermark was completely ruined. To understand how and why this could happen, one has to take a look at the time shortly before the outbreak of World War I.
Friday, November 08, 2013
Deflation Rebuttal and Reich Hyper monetary inflation Economics / Economics / HyperInflation
By: Jim_Willie_CB
As introduction to this article on the bizarre nature of all things economic and financial within the Untied States, consider once again the Deflation Knuckleheads. Be sure to know that the Jackass considers Rick Ackerman to be one of the premier technical chart analysts in the world. He has taught me in the past from his T/A work, even as his hidden pivots are unique and enlightening. In 2011, we were at odds over the incessant errant ramblings about deflation and its great threat. In August of that year, the Jackass penned a public article in an attempt to clarify the inflation and deflation factors being simultaneous, not at all mutually exclusive or in some debated sequence. While respect is still high for Rick, he has misquoted me, not demonstrating the depth of knowledge concerning the incredibly difficult topic of inflation. The distortions run so deep on the topic, that even smart folks fail to comprehend. The syndicate desires such confusion. After trying to set the record straight two years ago, one more attempt is necessary. The respect for each other is mutual.
Tuesday, November 05, 2013
The ECB Ignores The Threat Of Hyperinflation / Economics / HyperInflation
By: Andrew_McKillop
DEFLATION NOW – HYPERINFLATION SOON
What the market expects from Mario Draghi is more of the same QE. The shock fall in annual eurozone inflation to an official rate of just 0.7% in October put the spotlight back on the European Central Bank and its equally-official “target rate” of inflation, of 2%. But Mario Draghi has shown almost no interest in the subject except for one-liners such as: "You can buy more stuff” when inflation is low or zero, his reply to journalists' questions in a June interview on his unsurprising announcement that QE would continue “but didn't seem to be working”.
Thursday, October 31, 2013
Is Hyperinflation a Real Threat to the U.S. Economy? / Economics / HyperInflation
By: DailyGainsLetter
Mohammad Zulfiqar writes: One of the questions being asked by investors these days is “where’s the inflation?” After the financial crisis and the fall of Lehman Brothers, the Federal Reserve and the U.S. government stepped in to help the financial system. As a result, they promised to print money, and thus quantitative easing was born. Banks received billions of dollars in bailout money.
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Thursday, September 26, 2013
Syria’s Other Problem: Inflation, 193% Hyper-Inflation War / Economics / HyperInflation
By: Steve_H_Hanke
Wars wreak havoc; life, property, and dreams are destroyed. In the process, wars — including civil wars, like Syria’s— progressively consume a country’s accumulated capital stock, too. In other words, as wars rage on, the destructive war economy gradually eats away at productive assets like land, factory capacity, and raw materials. Just where this process leads was well illustrated by the great Austrian economist, Prof. Fritz Machlup, in a 1935 article about Austria’s World War I inflation:
Tuesday, September 24, 2013
QE Worked For The Weimar Germany For A Little While Too / Economics / HyperInflation
By: LewRockwell
Michael Snyder writes: There is a reason why every fiat currency in the history of the world has eventually failed. At some point, those issuing fiat currencies always find themselves giving in to the temptation to wildly print more money. Sometimes, the motivation for doing this is good. When an economy is really struggling, those that have been entrusted with the management of that economy can easily fall for the lie that things would be better if people just had “more money”. Today, the Federal Reserve finds itself faced with a scenario that is very similar to what the Weimar Republic was facing nearly 100 years ago. Like the Weimar Republic, the U.S. economy is also struggling and like the Weimar Republic, the U.S. government is absolutely drowning in debt. Unfortunately, the Federal Reserve has decided to adopt the same solution that the Weimar Republic chose.
Thursday, June 27, 2013
How to Survive Hyperinflation - When Prices Double Every Day and a Half / Economics / HyperInflation
By: Don_Miller
What does life actually look like when your country and its currency collapse? In a recent Casey Daily Dispatch, two guest columnists – one from Zimbabwe and another from Bosnia – shared their respective feats of survival amid the horrors of hyperinflation and civil unrest. Sadly, their stories are not outliers. During my lifetime, far too many societies have reverted to barter, theft, and gang rule.
With Cyprus' volatile banking situation back in March and central banks in Europe, Japan, and the US printing money faster than Superman can fly, we have to stop and think: Just how safe are we, really?
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Saturday, April 20, 2013
Argentina is a Ph.D. in Monetary Catastrophe / Stock-Markets / HyperInflation
By: Bill_Bonner
Stocks down again yesterday. The Dow slipping 139 points. Gold down slightly.
Gold has fallen so hard so fast we can't help but feel sorry for the losers. But who were they? Estimates of the total loss go upward from $1 trillion. Who has that kind of money to lose?
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Monday, March 25, 2013
Hyperinflation? No. Inflation? Yes / Economics / HyperInflation
By: Steve_H_Hanke
While inflation seems to be on everyone’s mind these days, misconceptions abound. Indeed, few concepts in economics are as misunderstood as inflation. This month I take a look at some common questions about inflation, and a few that I wish more people were asking.
Thursday, March 07, 2013
Are You Prepared for Hyperinflation? / Commodities / HyperInflation
By: The_Gold_Report
As looming inflation, currency wars and a possible run on gold threaten to derail markets, Leonard Melman, author of The Melman Report, is setting his sights on the midtier and near-term producers that he wants to scoop up when the blood is in the streets. In this interview with The Gold Report, Melman explains why gold, silver and the companies bringing them out of the ground could do very well in the second half of 2013.
The Gold Report: You recently told a crowd of investors at Prospectors & Developer Association of Canada (PDAC) that precious metals are the best place to invest in an inflationary period. Why is that?
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Wednesday, February 27, 2013
This Is a Recipe for Massive Hyperinflation Bankruptcy / Economics / HyperInflation
By: Money_Morning
Nobody was really shocked when Venezuela devalued the bolivar earlier this month from 4.3 to the dollar to 6.3.
When it comes to the currency wars, massive devaluations are simply one of the keys to this "race to the bottom" strategy.
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