Tag Archives: TMS

To hear Federal Reserve officials, politicians and mainstream financial media pundits tell it there is no inflation... but inflation defined correctly is rampant. In fact, it is at all-time record levels.

The qualitative relationship between the growth in the Total Money Supply, credit crises, and recessions has been remarkably clear since 1978 and, as such, the current suppression of the Total Money Supply growth rate, if it is sustained for the rest of the year, portends another credit crisis and housing bust, followed by an economic recession for the U.S. economy.

I recently wrote an article showing how US True Money Supply (TMS) appeared to be growing at a hyperbolic rate [see here], and that gold was also on a hyperbolic course...Hyperbolic growth in the quantity of money ends with hyperinflation... [and] both TMS and the dollar price of gold are pointing to a hyperinflationary outcome. This article explains why this might be so. Words: 764