Saturday , 4 February 2023

Banking

28 Countries Have Experienced Hyperinflation In the Last 25 Years (+127K Views)

Hyperinflation is not an unusual phenomenon. 33 countries have experienced hyperinflation over the last 100 years of which no less than 22 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). Could it happen again?

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My Personal Report from the World Economic Forum in Davos (+3K Views)

I am on assignment at the World Economic Forum in Davos, Switzerland. Unfortunately my previous commentaries irked the organizers so profoundly that I was not allowed the intimate access usually accorded friendly members of the media. No matter, I am staying at a pleasant bed and breakfast about an hour and half outside of Davos....[But I digress. Back to the Forum.] Words: 2369

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What Would It Take For Hyperinflation To Occur in the U.S.? (+34K Views)

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.

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What Are Non-fungible Tokens (NFTs)?

NFT stands for “non-fungible token” and hundreds of millions of NFTs are bought and sold each week. Last March, for example, an NFT of a picture on the internet so for $69M on the internet so just what is an non-fungible token?

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Continued M2 Contraction Could Devastate the Markets

The economy and stock market have been built on massive stimulus and liquidity from a rapidly expanding money supply. With M2 growth decelerating last month, the stock market looked in trouble. Now that it has become a contraction, the effect could be very profound.

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