Tag: Hyperinflation
One Mistake Dooms Investors…
Both Trump and Powell will do all they can to save this market. Both are avoiding a bloodbath because the blood will splatter on their own white shirts.
What We Said to a Group of DC Elite
We have a bubble economy, not an economy on a solid footing of rising wages, productivity, sales, and profits. The boom we have enjoyed is largely fake.
This Happens, Buy Stocks
The combined value of the FAANG stocks — Facebook, Apple, Amazon, Netflix, and Google — is down by about $1 trillion from its peak. Why?
Why Are Central Banks Now Buying Gold?
Central bankers usually add gold to their reserves to diversify, and to provide a hedge against inflation. According to Bloomberg, central banks now hold about a fifth of the gold ever mined.
Starvation in Venezuela — How Bad Economics Collapsed a Country
If you haven’t noticed, Venezuela is in the middle of one of the most psychotic economic breakdowns in history. People are starving. There’s no power or fresh water. Inflation is nearing a million percent.
What Argentina Tells Us About America’s Future
Argentina is suffering from hyperinflation and a currency crisis. Let’s not rule out the same happening to America if we don’t change our wasteful ways.
How to Buy a Million Gallons of Gas for a Dollar
Looking to buy 925,000 gallons of gasoline for a single US dollar? Here’s the secret behind this trick: inflation and price controls.
Will Bitcoin Eventually Hit Zero?
Bitcoin could very well not exist in 100 years…but, so what? Throughout history many currencies have gone bust. Some even in a relatively short period.