Precious Metals Forum

Go Back   Precious Metals Forum > Precious Metals and Economic News > Fiat Ponzi

Reply
 
LinkBack Thread Tools
Old 10-03-2012, 06:32 AM   #1
Super Moderator
 
benjamen's Avatar
 
Join Date: Mar 2012
Location: Migratory
Posts: 1,620
Liked: 685 times
Hyperinflation

http://goldsilverworlds.com/gold-sil...ion-in-the-us/

They discuss the possibility of USD hyperinflation by the end of 2014. They also have an interesting (possibily partial) list of countries that hyperinflated in the twentieth century and how bad their inflation peaked out at.

__________________
I drive men mad
For love of me,
Easily beaten,
Never free.

PMBug 101 *** Forum Rules
benjamen is offline   Reply With Quote
Old 10-03-2012, 08:29 AM   #2
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,027
Liked: 2449 times
We won't see hyperinflation until the rest of the world drops the petrodollar. Until then, inflation pressures are going to be exported overseas. It's coming, but the timing is unclear, IMO.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Old 10-03-2012, 08:51 AM   #3
Ground Beetle
 
bushi's Avatar
 
Join Date: Nov 2011
Posts: 971
Liked: 554 times
Originally Posted by PMBug View Post:
We won't see hyperinflation until the rest of the world drops the petrodollar. Until then, inflation pressures are going to be exported overseas. It's coming, but the timing is unclear, IMO.
...well it depends - base things, that US needs to import, might still see a sharp rise (see prices at the pump) - yes, the inflation gets first exported, but if you need to import things back - you will need to pay in dollars, using exchange rates somewhat similar to today's - but the price will also be inflated in foreign currency -> dollar price will rise as well.
__________________
“...the issue which has swept down the centuries and will have to be fought sooner or later is the People versus the Banks.
Lord Acton
bushi is offline   Reply With Quote
Old 10-03-2012, 11:17 AM   #4
Super Moderator
 
benjamen's Avatar
 
Join Date: Mar 2012
Location: Migratory
Posts: 1,620
Liked: 685 times
Nice article on what would be the next global reserve currency or if we need one:
http://www.prudentbear.com/index.php...w?art_id=10714

__________________
I drive men mad
For love of me,
Easily beaten,
Never free.

PMBug 101 *** Forum Rules
benjamen is offline   Reply With Quote
Old 10-03-2012, 01:31 PM   #5
Moderator
 
Join Date: Oct 2011
Posts: 1,059
Liked: 459 times
Originally Posted by PMBug View Post:
We won't see hyperinflation until the rest of the world drops the petrodollar. Until then, inflation pressures are going to be exported overseas. It's coming, but the timing is unclear, IMO.
Lots of cycle work points to 2016..
DSAbug is offline   Reply With Quote
Old 10-03-2012, 04:05 PM   #6
Yellow Jacket
 
rblong2us's Avatar
 
Join Date: Nov 2011
Location: off world
Posts: 1,970
Liked: 872 times
i see it as a huge pressure building between inflation and deflation, with neither getting the upper hand so far.

The building pressure makes the whole thing very unstable and as it grows, a smaller and smaller unforseen event will be all that is needed to have the whole thing fall over.

Only then will we see which is the greater force.
__________________
if it cant be done with a digger .... it cant be done
rblong2us is offline   Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Arguement against Hyperinflation benjamen Fiat Ponzi 4 06-26-2012 07:35 AM
John Williams (shadowstats) discusses hyperinflation, gold and macro economic issues PMBug PM Bug 2 01-26-2012 06:08 AM


All times are GMT -5. The time now is 01:44 PM.


Powered by vBulletin® from Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0 PL2 ©2011, Crawlability, Inc.
Content of PMBug.com copyright © 2011 - 2019 Measuring Up. All Rights Reserved.