Hyperinflation is a Fiscal, not Monetary Phenomenon

Jordan Roy-Byrne, CMT, The Daily Gold Months ago we wrote about the true causes of hyperinflation. We proceed to expand upon our views as we disagree with the views put forth by John Mauldin, Mike Shedlock and now Jim Rickards who all focus on velocity and/or bank lending as important causes of hyperinflation. The reality is [...]

HYPERINFLATION

By Howard S. Katz, The Gold Speculator One hears much discussion of hyperinflation on the gold web sites.  It is a worst case scenario and used to alarm and excite.  It is used to designate a period when prices are rising very rapidly, the favorite example being Germany of 1914-23, and during this time prices [...]

Forced Austerity Ill Timed

By Captain Hook, Treasure Chests Just listened to Jim Puplava over the weekend and there was no mention of such austerity related concerns amongst his listeners providing feedback, which I will take as a representation of the general investing public’s lack of awareness on the subject. The message I got from his listeners is increasing [...]

James Turk: Hyperinflation likelihood is increasing

9p ET Tuesday, June 15, 2010 Dear Friend of GATA and Gold: The gap between U.S. government spending and tax revenue remains large, Freemarket Gold & Money Report editor James Turk writes tonight, and is being filled with ever more borrowing, increasing the chance of hyperinflation in the dollar. Turk’s commentary is headlined “Hyperinflation Watch” [...]

The Path to Hyperinflation

By Jordan Roy-Byrne, CMT, The Daily Gold As we’ve discussed recently, persistent deflationary forces do not augur for a repeat of Japan circa 1990s or the US in the 1930s. Instead, because of the inability of government’s to finance their current and future debt burden (there is a dearth of domestic savings and global capital), deflationary [...]

James Turk: Hyperinflation looms as the dollar reaches its ‘Havenstein moment’

9:11p ET Tuesday, April 20, 2010 Dear Friend of GATA and Gold: GoldMoney founder and Free Gold Money Report editor James Turk, a consultant to GATA, writes tonight that the U.S. dollar has reached its “Havenstein moment,” the point in time memorialized by the decision of the president of Weimar Germany’s Reichsbank to print as [...]

The Real Cause of Hyperinflation

By Jordan Roy-Byrne, GoldSeek In his weekly letter, John Mauldin concluded that we have not experienced hyperinflation (despite massive Fed “printing”) due to the fact that the money multiplier has fallen and fallen below 1.0. This means that for each additional $1 added to the monetary base, the money supply is changing by less than [...]

Hyperinflation watch

By James Turk, FGMR The US Treasury has taken another step on the road leading to hyperinflation.  It announced that it will borrow $200 billion and leave this money on deposit with the Federal Reserve.  The announcement was made with bald disinformation aimed at camouflaging the true impact of this step. The Wall Street Journal [...]

Hyperinflation History: La Terreur

By John Rubino, GoldSeek A while back a reviewer dismissed the idea of a dollar collapse by asking “Collapse against what?” His argument was that the other major currencies are a mess too, so in relative terms the dollar will be fine. This of course misses the point, but in a useful way because it [...]

Hyperinflation Watch

By James Turk, FGMR Contrary to common belief, hyperinflation does not arise from too much bank lending.  The sole cause of hyperinflation is always too much government spending.  The pattern is as follows. The government spends more money than it is receiving in taxes, which forces it to borrow.  As these deficits grow, they eventually [...]

Next Page »