Economy

The odds are growing that low inflation could become deflation — with some economists worried that it has already started to happen... [Frankly, though,] there is going to be no recovery, at least for a long time unless we have deflation... and those who reject [such a notion] will live to regret it. Words: 2148

Like, ‘depression', ‘recession' has become an unacceptable word, because its use would drain confidence even more heavily. The housing market is already tipping into another negative slide with new house sales falling and mortgage rates at record lows. What can be done? We...see more quantitative easing as being unavoidable within three months, if the bad news continues. This time, [however,] we have to ask, can it be managed without frightening side effects? Words: 833

The past several quarters of improving real GDP may be nothing more than an interlude in a more sustained economic downturn, with further negative quarters still ahead. Such an outcome will suppress inflation further and quite possibly lead to deflation. Words: 1986

The bought-and-paid-for economic recovery is coming to a close. It’s time instead to deal with the very sobering new reality that a double-dip is here. Words: 756

While gold has outperformed all other asset classes in the past ten years, an analysis of our current economic and financial environment indicates that the ongoing increase in precious metals has only just begun and should ensure a sustainably positive environment for gold [and silver, gold and silver shares and the warrants associated with gold and silver companies in the years to come]. Words: 2095

The U.S. owes the most; it is borrowing the most; and its borrowing needs in the future will increase exponentially. This leads to only one possible conclusion. The United States is hopelessly insolvent. Words: 935

Americans have no idea that their civil liberties have been forfeited. They are only gradually learning that their economic future is compromised. They have little idea of the world’s growing hatred of Americans for their destruction of other peoples. In short, Americans are full of themselves. They have no idea of the disasters that their ignorance and inhumanity have brought upon themselves and upon the world. Words: 996

China bashing is on the rise once again in Washington. In an era of acute labor market distress, the United States could well up the ante and resort to outright trade sanctions. Beijing would undoubtedly retaliate, setting in motion a dangerous chain of events that could quickly imperil the post-crisis world. Words: 1090

It is not inflation that is worrying big investors - though inflation may be the default response before this is all over - but deflation. Words: 638

von Mises once said, “There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later, as a final and total catastrophe of the currency involved” and just that is happening before our very eyes. Words: 2242