Dan Perkins

Inflation or Deflation: Which Will Win?

My dog has fleas!

Investor Capitulation: What to Watch Now

Something important to keep in mind: Your perspective is one separateness from all those capitulators out there somewhere.

When you get true capitulation, you may very well have been sucked into the vortex as well. Capitulation comes when you and everyone else are truly convinced that all the trouble has passed about three times in a row, only to get pummeled again: Dow 5K, then Dow 4K, then Dow 3K.

On the third time, you and everyone truly believe the world is coming unglued, just say, "to hell with it, I give up - that's capitulation.

The whole thing is rather paradoxical and very difficult to remain separated from! It is not as though you will be sitting back and watching all the foolish capitulators!

Big Money Managers Are Cautiously Bullish - Barron's

But max-optimism signals a top not a bottom?

Impending Inflation? The Global 'New Deal' All but Guarantees It

"There is no means of avoiding the final collapse of a boom brought about by credit expansion.” Ludwig von Mises – 1949

Ludwig often used the following analogy to describe it:

"Imagine someone jumping from a plane at 15,000 feet without a parachute, the ensuing whistling noise as he plummets towards earth and finally, the ensuing S-P-L-A-T."

He frequently cautioned against becoming distracted by the whistling and to accept only the SPLAT as your cue!

Impending Inflation? The Global 'New Deal' All but Guarantees It

I am fairly certain that our main man Ludwig broke the code on this one:

"There is no means of avoiding the final collapse of a boom brought about by credit expansion.” Ludwig von Mises – 1949

Wouldn't you know it, Greenspan missed the lecture!

Impending Inflation? The Global 'New Deal' All but Guarantees It

WIll someone smarter than me, who really understands how we go from deflation to inflation in the current scenario explain it here? How can the economy possibly absorb the amount of "printed money" to reinflate the economy from here. It did not happen in Japan when they tried it, and still hasn't 19 years later.

Who the heck is going to borrow all this money and what are they going to produce with it and profit when the world is broke?

I keep hearing Jimmy Rogers and even Warren Buffet saying that the FED/Treasury moves are inflationary, but I have not heard a single explanation that makes any sense at all and no one asks them about it.

HELP!