Tag Archive: hyperinflation

Swiss Politicians Slam Attempts To Eliminate Cash, Compare Paper Money To A Gun Defending Freedom

2016-02-19

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2016-02-19

As we predicted over a year ago, in a world in which QE has failed, and in which the ice-cold grip of NIRP has to be global in order to achieve its intended purpose of forcing savers around the world to spend the taxed product of their labor, one thi...

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“Time To Panic”? Nigeria Begs World Bank For Massive Loan As Dollar Reserves Dry Up

2016-01-31

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2016-01-31

Having urged "don't panic" just 4 short months ago, it appears Nigeria just did just that as the global dollar short squeeze forces the eight-month-old government of President Muhammadu Buhari to beg The World Bank and African Development Bank for $3...

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Nigerian Currency Collapses After Central Bank Halts Dollar Sales To Stall “Hyperinflation Monster”

2016-01-12

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2016-01-12

Having told banks and investors "don't panic" in September, amid spiking interbank lending rates and surging default/devaluation risks, it appears the massive shortage of dollars that we warned about in December has washed tsunami-like ashore in oil-...

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(3) Inflation, Central Banks and Interest Rates

PoBC RBA Fed BoE
In this chapter we connect three related concepts: inflation, central banks and interest rates.

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Central Banks’ Quasi-Fiscal Deficits and Potential Hyperinflation

coins
There are different discussions ongoing if a central bank may monetize debt and act of a quasi-fiscal agent. One opinion was the Modern Monetary Theory that advocates monetizing debt.

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Did Austrian Economists Get the Recovery Wrong?

Mises.org
Austrians got the recovery after the financial crisis wrong. Monetary expansion did not lead to hyperinflation and a collapse of central banks. Their mistake was that the Austrian principle of "too cheap money leads to wrong investments", is currently not valid. Due to high risk aversion after the financial crisis, firms do only only best projects. Austrian economists were right before the crisis, but after the crisis Keynesians and Germans with...

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Euro Morons: Hyperinflation Successfully Avoided, Stagflation Successfully Created

2012-12-01

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2012-12-01

Stagflation
Keeping Greece in euro zone, eurocrats or better “euro morons” have successfully avoided a weak drachma and a following Greek hyperinflation. Instead they successfully created stagflation. Currently European HICP inflation is at 2.5%, far above the max. 2.0% official ECB mandate, but the euro is becoming weaker and weaker. German salaries are rising with 2.6% …

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