Tag: hyperinflation

Guest Post by Martin Armstrong

The misnomer about hyperinflation is that it is caused by printing money. It is a RESPONSE to the collapse in the confidence of the government.  If we look at the 3rd century, this is where we find the greatest number of hoards of ancient coins. What began this was the capture of Valerian I by the Persians in 260AD.

Continue reading “The True Story of Hyperinflation”

Authored by Tuomas Malinen via The Epoch Times,

I have had a series of conversations lately on how did we, the world, get to this point? I think that it’s a valid question, considering how well things were in the 1990s after the Soviet Union had collapsed.

The really interesting follow-up question is: Has this deterioration been a series of mere random events, or have we been somehow guided to this point?

I think there have been two major “game changers”: the 9/11 terrorist strikes and the global financial crisis of 2008–09 (GFC). If you really consider the aftermath of these events, it’s rather clear that we never really returned to the status quo after either.

The 9/11 terrorist attacks started an escalating series of conflicts around the world, which have now turned into a Russian–Ukrainian war. I have my own worries that the war in Ukraine is, in veritate, not proceeding as presented in the Western media, which is likely to rather strongly follow the Ukrainian propaganda. As the late California Republican Senator Hiram Johnson once said, in 1918: “The first casualty when war comes is truth.” I have detailed my doubts in my newsletter.

Continue reading “On The Path To Hyperinflation”

Authored by Egon von Greyerz via GoldSwitzerland.com,

FLATION will be the keyword in coming years. The world will simultaneously experience inFLATION, deFLATION, stagFLATION and eventually hyperinFLATION.

I have forecasted these FLATIONARY events, which will hit the world in several articles in the past. Here is a link to an article from 2016.

With most asset classes falling rapidly, the world is now approaching calamities of a proportion not seen before in history. So far in 2022, we have seen an implosion of asset prices across the board of around 20%. What few investors realise is that this is the mere beginning. Before this bear market is over, the world will see 75-90% falls of stocks, bonds and other assets.

Since falls of this magnitude have not been seen for more than three generations, the shockwaves will be calamitous.

At the same time as bubble assets deflate, prices of goods and services have started an inflationary cycle of a magnitude that the world as whole has never experienced before.

We have seen hyperinflation in individual countries previously but never on a global scale.

Currently the official inflation rate is around 8% in the US and Europe. But for the average consumer in the West, prices are rising by at least 25% on average for their everyday needs such as food and fuel.

Continue reading “Concurrent Deflation & Hyperinflation Will Ravage The World”

From Birch Gold Group

The Federal Reserve sure seems to have a tough time finding and reporting signs of rising inflation — especially when it’s hidden in other sectors like a lack of demand for energy.

A recent example of the Fed’s “inflation blindness” comes from a speech Chairman Jerome Powell gave to the Economic Club of New York. According to a MarketWatch piece that reported on that speech:

Powell said he doesn’t expect “a large nor sustained” increase in inflation right now. Price rises from the “burst of spending” as the economy reopens are not likely to be sustained.

It’s odd that Powell would say he doesn’t expect a sustained increase in inflation, because food price inflation has consistently run 3.5 to 4.5 percent since April last year. That sure seems like a sustained increase in food prices.

Continue reading “The Foundation for Potential Price Hyperinflation is Being Laid”

Authored by Alasdair Macleod via GoldMoney.com,

Definition: Hyperinflation is the condition whereby monetary authorities accelerate the expansion of the quantity of money to the point where it proves impossible for them to regain control.

It ends when the state’s fiat currency is finally worthless. It is an evolving crisis, not just a climactic event.

Summary

This article defines hyperinflation in simple terms, making it clear that most, if not all governments have already committed their unbacked currencies to destruction by hyperinflation. The evidence is now becoming plain to see.

The phenomenon is driven by the excess of government spending over tax receipts, which has already spiralled out of control in the US and elsewhere. The first round of the coronavirus has only served to make the problem more obvious to those who had already understood that the expansionary phase of the bank credit cycle was coming to an end, and by combining with the economic consequences of the trade tariff war between China and America we are condemned to a repeat of the conditions that led to the Wall Street crash of 1929—32.

Continue reading “Hyperinflation Is Here”