Hyperinflation

Monetary Metals's picture

The Swiss Franc Will Collapse





It’s terrifying how fast the whole Swiss yield curve sank under the waterline of zero. Now even the 15-year bond has negative interest. The franc has reached the end.

 
Tyler Durden's picture

Failing Stimulus And The IMF's New 'Multilateral' World Order





2015 will be a year of shattered illusions; social, political, as well as economic. The common claim today is that the QE of Japan and now the ECB are meant to take up the slack left behind in the manipulation of markets by the Fed. I disagree. As I have been saying since the announcement of the taper, stimulus measures have a shelf life, and central banks are not capable of propping up markets for much longer, even if that is their intention (which it is not). Why? Because even though market fundamentals have been obscured by a fog of manipulation, they unquestionably still apply. Real supply and demand will ALWAYS matter – they are like gravity, and we are forced to deal with them eventually. The elites hope that this will be enough to condition the public to support centralized financial control as the only option for survival... It is hard to say what kind of Black Swans and false flags will be conjured in the meantime, but I highly doubt the shift away from the US Dollar will take place without considerable geopolitical turmoil.

 
Sprott Money's picture

Get Ready For (Fraudulent) Higher U.S. Interest Rates





The U.S. government is already bankrupt. This is old news to anyone who has been following the number-crunching of individuals such as former Reagan economic advisor, Professor Lawrence Kotlikoff. The U.S. government, the greatest debtor in the history of the world, claims that it is about to (finally) raise interest rates, which have been permanently/fraudulently frozen at 0% for now over 6 years.

 
Tyler Durden's picture

David Stockman: Woodrow Wilson's War & Why The Entire 20th Century Was A Mistake





"My humble thesis tonight is that the entire 20th Century was a giant mistake. And that you can put the blame for this monumental error squarely on Thomas Woodrow Wilson - a megalomaniacal madman who was the very worst President in American history... well, except for the last two."

 
Tyler Durden's picture

Draghi Is "Bouncing Economic Rubble With Trillion-Dollar Debt Missiles"





Someday, maybe, these central banks will find that secret formula that unlocks the commanded utopia from its monetary prison, but I think it more like what led to the end of the first Gulf War, where continued air raids upon Iraqi positions amounted to destroying rubble. As Colin Powell put it, “we were bouncing rubble with billion-dollar missiles.” That seems to be a fitting, paraphrased description of the European state of monetarism, bouncing economic rubble with trillion-euro debt missiles.

 
Tyler Durden's picture

What Mario Draghi Said When Asked If His QE Will Unleash Hyperinflation





Question: what would you say to those who are concerned that when the ECB buying up bonds, electronically printing money, whatever one calls it, is the first chapter in a story that leads inevitably towards hyperinflation. What is your response to that?

Answer: I think the best way to answer to this is have we seen lots of inflation since the QE program started? Have we seen that? And now it's quite a few years that we started. You know, our experience since we have these press conferences goes back to a little more than three years. In these 3 years we've lowered interest rates, I don't know how many times, 4 or 5 times, 6 times maybe. And each times someone was saying, this is going to be terrible expansionary, there will be inflation. We did OMP. We did the LTROs. We did TLTROs. And somehow this runaway inflation hasn't come yet.

 
Tyler Durden's picture

Krugman's Japanese Legacy: Record Households On Welfare, Corporate Bankruptcies Soar, Majority Of Households Worse Off





1. The number of households in Japan on welfare hit a record high in October, renewing the record for a 6th straight month.

2  51.1% of Japanese households said they’re worse off compared with year earlier, the most since December 2011, according to Bank of Japan quarterly survey released today in Tokyo.

3. Corporate bankruptcies linked to weak yen rose to a record 345 in 2014 from 130 a year earlier.

 
Tyler Durden's picture

2015: Everything Can Be Fixed By Printing More Money





To question money-printing as the one-size-fits-all solution to every economic problem is to question the power structure of the status quo.

 
Tyler Durden's picture

A Socialist Math Problem Of Extreme Difficulty





"If your mother goes to a government-subsidized supermarket and buys two pounds of sugar and three pounds of meat, how many pounds does she have?"

 
Tyler Durden's picture

"The ECB Has Lost Control" - Spiegel Asks If "Helicopter Money" Comes Next?





Just 2 short months ago we warned of the rising voice among the cognoscenti tilting their windmills towards the concept of "helicopter money," as Deutsche bank noted, "perhaps there's an increasing weariness that more QE globally whilst inevitable, is a blunt growth tool and that stopping it will be extremely difficult (let alone reversing it) without a positive growth shock." Committing what Commerzbank calls "the ultimate sin" is now reaching the mainstream as Germany's Der Spiegel notes it is becoming increasingly clear that Draghi and his fellow central bank leaders have exhausted all traditional means for combatting deflation; and many economists are demanding that the European Central Bank hand out money to consumers to stimulate the economy.

 
Sprott Money's picture

Economic Terrorism Against Russia Intensifies





The Russian ruble fell a further 7% Monday. What is the “reason” cited in the Corporate media for this latest, further plunge in its “value” (i.e. exchange rate)? An “economic report” which shows that Russia’s economy is shrinking. Here we see the pattern of the economic terrorism perpetrated by the One Bankexposed.

 
Tyler Durden's picture

Venezuela Runs Out Of French Fries As Default Fears Mount





With Venezuelan bonds re-collapsing as belief in a 30c recovery floor fades rapidly (and hyperinflating Venezuelan stocks soar - whether oil prices are rising or falling), the people of Maduro's socialist utopia have a new problem to contend with. After running out of toilet paper, and finding soap and shampoo hard to come by, AP reports Venezuela's more than 100 McDonald's franchises have run out of potatoes and are now serving alternatives like deep-fried arepa flatbreads or yuca, "because of the situation here; it's a total debacle."

 
Syndicate content
Do NOT follow this link or you will be banned from the site!