One of the most famous quotations of Austrian economist Ludwig von Mises is that “There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit...
Posted to
Hera
by
Ron Hera
on Wed, Jun 2 2010
Filed under: US dollar, deflation, debt, inflation, GDP, M3, Hyperinflation, Ponzi scheme, unemployment, mortgage delinquencies and foreclosures, U-6
Which will stop the deldedefs to ruin us completey. We have to take away the possiblities to mess up with money. So it all ends in, we need to have a stable money. We have to get rid of the central banks. The problems with the current state of affairs just show it over and over and over and over again...
Investors often seek safety from financial market turbulence in US government bonds since they offer virtually no risk of default and, unlike cash or gold, provide a yield. At the same time, sovereign debt default concerns outside the US, e.g., Iceland , Dubai , and Greece , have been linked to short...
Posted to
Hera
by
Ron Hera
on Thu, Apr 8 2010
Filed under: Federal reserve, inflation, China, Hyperinflation, TNX, US Treasury, Federal Budget
Hyperinflation Research, Possibilities and Investments By Monty Pelerin , posted March 23rd, 2010 http://www.economicnoise.com/2010/03/23/hyperinflation-research-possibilities-and-investments/ It is difficult to determine when we have reached or passed the “tipping point” regarding inflation...
Apocalypse Soon By Monty Pelerin, posted December 8th, 2009 http://www.economicnoise.com/2009/12/08/apocalyse-soon/ 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...