Category: HyperInflation
The analysis published under this category are as follows.
Saturday, April 20, 2013
Argentina is a Ph.D. in Monetary Catastrophe / Stock-Markets / HyperInflation
By: Bill_Bonner
Stocks down again yesterday. The Dow slipping 139 points. Gold down slightly.
Gold has fallen so hard so fast we can't help but feel sorry for the losers. But who were they? Estimates of the total loss go upward from $1 trillion. Who has that kind of money to lose?
Read full article... Read full article...
Monday, March 25, 2013
Hyperinflation? No. Inflation? Yes / Economics / HyperInflation
By: Steve_H_Hanke
While inflation seems to be on everyone’s mind these days, misconceptions abound. Indeed, few concepts in economics are as misunderstood as inflation. This month I take a look at some common questions about inflation, and a few that I wish more people were asking.
Thursday, March 07, 2013
Are You Prepared for Hyperinflation? / Commodities / HyperInflation
By: The_Gold_Report
As looming inflation, currency wars and a possible run on gold threaten to derail markets, Leonard Melman, author of The Melman Report, is setting his sights on the midtier and near-term producers that he wants to scoop up when the blood is in the streets. In this interview with The Gold Report, Melman explains why gold, silver and the companies bringing them out of the ground could do very well in the second half of 2013.
The Gold Report: You recently told a crowd of investors at Prospectors & Developer Association of Canada (PDAC) that precious metals are the best place to invest in an inflationary period. Why is that?
Read full article... Read full article...
Wednesday, February 27, 2013
This Is a Recipe for Massive Hyperinflation Bankruptcy / Economics / HyperInflation
By: Money_Morning
Nobody was really shocked when Venezuela devalued the bolivar earlier this month from 4.3 to the dollar to 6.3.
When it comes to the currency wars, massive devaluations are simply one of the keys to this "race to the bottom" strategy.
Read full article... Read full article...
Tuesday, January 29, 2013
John Williams Forecasts U.S. Dollar Hyperinflation Before End of 2014 / Economics / HyperInflation
By: Videos
Anybody who thinks the U.S. is in a so-called recovery isn’t listening to economist John Williams. He contends, “We haven’t had a recovery and we’re not about to have one, and it’s getting worse.” Williams says it’s because, “The consumer is in very serious trouble. . . . The average guy is not making it. His income is not keeping up with inflation.” As far as Congress getting the budget and debt ceiling under control, Williams says, “Both sides are faced with devil’s choices.”
Friday, November 30, 2012
Hyperinflation, Who's Right, Mike Shedlock 'MISH' or Peter Schiff? / Economics / HyperInflation
By: Mike_Shedlock
Peter Schiff was on Capital Account with Lauren Lyster on Tuesday. For that show, he was asked, and he agreed to debate me on hyperinflation. Thus, I semi-expected to be on the show as well.
I even received email confirmation from Demetri, the Capital Account producer last Sunday.
Read full article... Read full article...
Monday, November 19, 2012
Bulgaria Hyperinflation Fifteen Years Later / Economics / HyperInflation
By: Steve_H_Hanke
The first of July marked the anniversary of a momentous day in Bulgarian history. On that day, fifteen years ago, Bulgaria installed its currency board system (CBS), finally ending its hyperinflation, which had peaked with a monthly inflation rate of 242%, in February 1997.
But, I am getting ahead of myself. As the Soviet Union and allied communist countries began to collapse, I anticipated that a big issue facing the newly-liberated, former communist countries would be inflation, and the instability associated with it. In consequence, I shifted the emphasis of my research program from privatization to currency reform.
Read full article... Read full article...
Friday, November 09, 2012
Zimbabwe’s Four-Year Anniversary—From Hyperinflation to Growth / Economics / HyperInflation
By: Steve_H_Hanke
In mid-November 2008, Zimbabwe recorded the world’s second-highest hyperinflation. Today, it can boast strong growth and single-digit inflation rates. In 2008, Zimbabwe’s annual real GDP growth rate was a miserable -17.6 percent and its annual inflation rate was 89.7 sextillion percent—that’s roughly 9 followed by 22 zeros.
Sunday, November 04, 2012
Panic in Persia as Hyperinflation Hits Iran / Economics / HyperInflation
By: Steve_H_Hanke
For decades, the Iranian economy has been cobbled together by religious-bureaucratic regimes that have employed mandates, regulations, price controls, subsidies and a wide variety of other interventionist devices, in an attempt to achieve their goals. It's all been kept afloat – barely afloat – by oil revenues.
Read full article... Read full article...
Saturday, October 27, 2012
Iran's Hyperinflation: Questions from Tehran / Economics / HyperInflation
By: Steve_H_Hanke
Interview with Steve H. Hanke By: Kourosh Ziabari
Targeted with the biting sanctions of the United States and European Union over its nuclear program, Iran's economy is experiencing difficult and breathtaking days. The import of vital goods, including medicine and foodstuff is being impeded, the energy, insurance, transportation and industrial companies are unable to smoothly do business with their foreign counterparts and their financial transactions have been obstructed and the price of goods increases on a daily basis.
Read full article... Read full article...
Thursday, October 25, 2012
U.S. Dollar Hyperinflation by 2014 Says John Williams / Economics / HyperInflation
By: Videos
Economist John Williams says the latest round of “open-ended” QE has set the table for a global “dollar sell-off” and “hyperinflation” no later than 2014. Williams says, “There’s no way the consumer can fuel the economic recovery, and there is no way we’re going to see one in the near future.” Williams predicts, “The Treasury is going to have funding problems, and that means the deficit gets a lot worse.”
Monday, October 22, 2012
Iran's Hyperinflation Economic Death Spiral / Economics / HyperInflation
By: Steve_H_Hanke
My October 2009 Globe Asia column was titled "Iran's Death Spiral." In light of the recent events that have transpired in Iran, I think I might have been onto something back in 2009.
Since early September, there has been an accelerated slide in the value of the Iranian rial. This slide has been punctuated by dramatic collapses in the demand for the rial. With each collapse, there has been something akin to a "bank run" on rials — with a sharp rise in the black market (read: free market) IRR/USD exchange rate (see the accompanying chart). Ironically, Iranians are clamoring for U.S. Dollars.
Read full article... Read full article...
Sunday, October 21, 2012
The Recipe For U.S. Hyperinflation, Looming Dollar Collapse / Economics / HyperInflation
By: Graham_Summers
For the last year, I’ve steered clear of commenting on the US Presidential election for the simple reason that I wanted us to be closer to the actual date before I went through the process of explaining what’s to come.
The reason for this is that elections by their very nature are conflicting processes. Most people vote based on emotions when we are in fact electing someone to fulfill a role that is economic in nature.
Read full article... Read full article...
Saturday, October 20, 2012
Iran Wage Price Spiral Towards HyperInflation Panic Collapse / News_Letter / HyperInflation
By: NewsLetter
The Market Oracle NewsletterOctober 3rd , 2012 Issue #14 Vol. 6
Read full article... Read full article...
Saturday, October 13, 2012
How Long Will Iran’s Hyperinflation Run For? / Economics / HyperInflation
By: Steve_H_Hanke
Since I first estimated Iran’s hyperinflation at 69.6% per month, many people have asked, how long will it last? To answer that question, I have posted my “Hanke Chart of the Day” and will let the data speak for themselves.
Read full article... Read full article...