Two Excellent Economic Insights

[An Oasis]

Max Keiser talking with John Kim and why the banks need to be tied to gold/silver standard. http://maxkeiser.com/2010/09/05/ote71-on-the-edge-with-j-s-kim/

Nicole M. Foss talking with Jim Puplava about the on coming financial trends (transcript and audio) http://theautomaticearth.blogspot.com/2010/09/september-4-2010-jim-puplava-interviews.html

 

[luvbusiness]

Interesting posts

 

[Emma47]

Hello,

Indeed! We should all be terrified of that, to be honest. And, as we’ve argued elsewhere, these policies have produced the difference between the 1930s and today, at least for now.

However, does this article go on discussing ways to combat this clear and present danger?

No.

After all, this is ZeroHedge. Instead, it discusses a rather more hypothetical and distant bogey, hyperinflation. This is supposed to happen when people start selling (instead of buying) Treasuries, prompting the Fed to redouble its efforts, setting off something of a vicious cycle.

This is the ‘bubble in the bond market’ argument that Krugman already disposed of.

While we won’t exclude the possibility of hyperinflation entirely, it is remote and for it to happen, credit demand has to go up significantly, which seems very unlikely any time soon.

Emma