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James Turk believes hyperinflation is ahead. Bob Prechter believes massive
deflation is coming. An interesting discussion between the two takes place in this audio. Ultimately, both lead to Depression. Only the route taken differs, but that is important.
To hear the 29 minute discussion please go here. It will be well worth your time. (This interview is brought to you by Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!).
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1. It is VERY Important to Know Where the Inflation-Delation Pendulum Is to Invest Correctly – Do You?
Global investors are now being violently whipsawed by the decisions of central banks, as they switch between inflationary and deflationary policies. The choice governments now face is to allow a deflationary depression to finally purge the worldwide economy of its imbalances, or try to levitate real estate, equity and bond prices by printing massive quantities of their currencies.
2. James Dines: America is Racing Towards a Coming Great Depression
America is racing toward a brick wall, while its credit card is maxed out. America’s so-called recovery, from the 2008 crash, has been called ‘The Great Recession’ by apologists [but] we have continued to predict that it’s the ‘Coming Great Depression.’
3. Major Inflation is Inescapable and the Forerunner of an Unavoidable Depression – Here’s Why
Whether our current economic crisis will end with massive inflation or in a deflationary spiral (ultimately, either one results in a Depression) is more than an academic one. It is the single most important variable for near and intermediate term investing success. It is also important in regard to taking actions which can prepare and protect you and your family. [Here is my assessment of what the future outcome will likely be and why.] Words: 1441
4. Major Price Inflation Is Coming – It’s Just a Matter of Time! Here’s Why
The developed economies of the world have opened the money spigots…[and this] massive money and credit creation is sitting in the banking system like dry tinder just waiting for a spark to set it ablaze. How quickly it happens is anyone’s guess, but once it does we are likely to be enveloped in a worldwide inflation unlike anything before ever witnessed. [Let me explain further.] Words: 625
5. High Inflation is Coming but Hyperinflation is Highly Unlikely – Why is That?
People get confused about the nature of mass inflation, hyperinflation, and what causes both. [Let me clarify the nature and causes of each.] Words: 930
9. Williams: U.S. Can Not Avoid Coming Financial Armageddon
The U.S. economy is in an intensifying inflationary recession that eventually will evolve into a hyperinflationary great depression… [at which time] a $100 bill in the United States will become worth more as functional toilet paper/tissue than as currency. The U.S. government and Federal Reserve already have committed the system to this course through the easy politics of a bottomless pocketbook, the servicing of big-moneyed special interests, and gross mismanagement. The article is long but well worth the read. Words: 3565
10. Williams: Expect Hyperinflation Within the Next 5 Years
Pushing the big problems into the future appears to have been the working strategy for both the Fed and recent Administrations, yet the U.S. dollar and the budget deficit do matter, and the future is at hand. The day of ultimate financial reckoning has arrived, and it is playing out. Words: 1096
11. New Boom-bust Cycle Risks Hyperinflationary Depression and Much Higher Gold Price – Here’s Why
It is my view that the world has entered a new boom-bust cycle driven by oil prices. Oscillating oil prices – as opposed to credit cycles – will repeatedly stimulate and crash the highly levered global economy. Governments have not recognized this new cycle, and as part of a fruitless effort to retain control over deteriorating real growth and rising unemployment central banks will print more and more money, risking a hyperinflationary depression (stagflation at best). [As such,] the only respite for many investors is gold. [Let me explain.] Words: 925
12. True Money Supply Is Already Hyperinflationary! What’s Next?
Economists are telling central banks to accelerate monetary growth even faster…to avoid a bank balance sheet implosion with all the deflationary consequences that implies. [As such,] the prospects for 2012, and thereafter, are for Total Money Supply to continue its hyperbolic trend – and when such a trend becomes established it becomes almost impossible to stop because the whole debt-based economy and the banking system would collapse. [Let me explain further.] Words: 550
13. How Likely Will Hyperinflation Occur in the U.S.?
There is a difference between inflation and hyperinflation…and there is no gradual path from one to the other. To wind up with true hyperinflation, some very bad things have to happen. The government has to completely lose control… the populace has to completely lose faith in the system… or both at the same time. [Are we there yet? Let’s take a look.] Words: 1188
14. 28 Countries Have Experienced Hyperinflation In Last 25 Years – Is the U.S. Next!
[Hyperinflation is not an unusual phenomenon. 32 countries have experienced hyperinflation over the last 100 years of which no less than 28 have experienced it in the past 25 years and 4 in the past 10 years. The United States is one of the few countries to have experienced two currency collapses during its history (1812-1814 and 1861-1865). Is it about to happen again?] Words: 1450