Could the Weimar Hyperinflation Happen Again in America?

30yr bonds are up a full handle on bens comments, so i would say the market is agreeing with his outlook.

The problem for the US is that control on interest rate policy has been partly taken out of their hands, because of the large amount of govt debt in foreign hands. They need to put a positive spin on everything to make sure that foreign investors will purchase huge amounts of debt at reasonable prices to keep interest rates down.

Its no surprise that money is not chasing goods at the moment because unemployment is rising and people that are working are trying to pay down debt.

Real inflation is running at high levels at the moment. Govt inflation figures are complete and utter nonsense, as are the GDP figures. If true figures were published then they would show that the USA is now in a period of inflationary depression.

and your evidence for this high running inflation?

Inflation, Money Supply, GDP, Unemployment and the Dollar - Alternate Data Series

Genics dear fellow hear is one you...

Have a read of this piece of news which I listened to live on Reuters and which caused me to fall of mi chair...

BBC NEWS | Business | Fed warns of $100bn credit losses


Please note that was July 2007. Two years ago. We are talking facts here not projections or guestimates call it what you will - research even...

Now project the % margin of error and work out from what uncle Ben has fed the markets and work out what he is really telling you.

Reason why the DOW went to 14050 despite the **** news is precisely because the Fed kept feeding BS to the market. $100bn - go figure...

imo poborsky is obviously a disciple of economics and I'd much rather consider his analysis and perspective then men in suits feeding fund managers and media paymasters.

At the end of the day - don't trade on news but pure technical charts. Reason being the news is all BS.


PS, Ben getting the sub-prime crises wrong doesn't necessarily mean he'll be wrong about inflation but cards are stacked against his whishy washy statement imho.whishy

is that because it goes along with your opinion?

yes poborksy is clearly the most knowledgeable here..all hail

well that fairly backs up what i have said re we have already seen huge inflation..and look where it is now.

so this "high running inflation" is 6% from your source..which is over half that of last year... that's some impressive disinflation..im getting bored of this.

and for the millionth time just because the money supply is growing doesn't mean it is reaching the consumer and chasing goods (which is that causes the inflation)

as shown by poborskys lovely data of 12% inflation