punk_ash

Monetary Madness in a Single Chart: Hyperinflation's Just Around the Corner

There is something called money creation by banks. Google it. Now, a lot of that money is being destroyed, it happens when some one deleverages and banks do not lend that same money. All this new money is going to fill those huge holes being created. No one can correctly estimate the amount of money that will be destroyed with the debt destruction, so we do not know if it inflation or deflation or what else in store for us.

Don't Get Carried Away Now

Mr. Hugh,

You know your subject, and I enjoy your articles. But your ideas get entangled. With so many brilliant writers on SA, it is a good idea to put a gist of your article in the end, so we do not have to spend 1 hour interpreting each article. I could not draw too many take aways from your article.