Robert Prechter: Grams of Gold are the Best Currency But…
June 24, 2010 by Editor · Leave a Comment
Have you ever traveled abroad and taken a look at the local currency and wondered how the citizens of that country could take seriously what looks like “Monopoly money?” I’ve got news for you: You’re using the same stuff. Monopoly money is the money over which some government has a monopoly. It is the currency of the realm only because the state makes it illegal to use any other type. Words: 633
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Finally: A Clear Understanding of Hyperinflation, Money Demand & the “Crack-Up Boom”
May 4, 2010 by Editor · Leave a Comment
Some people consider a rise in overall prices of 10 percent per month (which implies an annual rate of price increases of around 214 percent) as hyperinflation; others indentify hyperinflation as a monthly price rise of at least 20 percent (which implies an annual increase in prices of nearly 792 percent). Words: 1353
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Why Unsustainable Debt-to-GDP Ratios Will Result in (Hyper)inflation
April 27, 2010 by Editor · Leave a Comment
Central banking makes it possible for the government to expand the money supply by any amount, at any time deemed necessary and once (hyper)inflation is publicly seen as being the lesser evil of all options available for the government meeting its debt service, it cannot be dismissed out of hand that (hyper)inflation would be the consequence of an unsustainable debt-to-GDP ratio. Words: 982
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Embry: Gold Price to Go Parabolic in Near Future – For Good Reason!
April 21, 2010 by Editor · Leave a Comment
As inflation rears its ugly head and future demand for gold promises to overwhelm mine supply, gold’s price will launch a parabolic rise from current levels in the near future. Gold has much, much further to go. Words: 536
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Inflation and the Price of Gold are Progressing According to Plan
April 17, 2010 by Editor · Leave a Comment
Many countries have suffered through the destruction brought on by huge surges of inflation and many people have lost their wealth, their savings, and even their perspectives in the wake of inflationary episodes. Indeed, inflationary periods are highly unjust. They undermine the ethics of hard work and thrift. They destroy solidarity, lead to widespread hardship and often to social unrest. [Is such a time upon us once again?] Words: 711
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