Hyperinflation; what is it? | A Definition | Don’t Worry!

Posted on November 16, 2010 by Rio
Do not worry! A complete collapse of the economy may be a good wake up call in more ways than one. We already know that our government is controlled by the corporate giants and the central banks, and we are in the wrong hands. We just refuse to accept it.

I found this interesting article with an informative  video at:  http://www.goldonomic.com/hyperinflation.htm I hope you find it useful.


And this definition of hyperinflation by Gonzalo Lira.
“But hyperinflation is not an extension or amplification of inflation. Inflation and hyperinflation are two very distinct animals. They look the same—because in both cases, the currency loses its purchasing power—but they are not the same.
Inflation is when the economy overheats: It’s when an economy’s consumables (labor and commodities) are so in-demand because of economic growth, coupled with an expansionist credit environment, that the consumables rise in price. This forces all goods and services to rise in price as well, so that producers can keep up with costs. It is essentially a demand-driven phenomena.

Hyperinflation is the loss of faith in the currency. Prices rise in a hyperinflationary environment just like in an inflationary environment, but they rise not because people want more money for their labor or for commodities, but because people are trying to get out of the currency. It’s not that they want more money—they want less of the currency: So they will pay anything for a good which is not the currency.”


Advertisement

Filed under: Current Affairs | Tagged: | 6 Comments »

Hyperinflation, will it start in six to nine months? | Everything is Interconnected

Posted on October 3, 2010 by Rio

Apparently hyperinflation (monetary inflation occurring at a very high rate) is imminent:

“Though the debate between inflationists and deflationists continues to persist, well known economist and statistician John Williams of Shadow Stats ignores deflationist warnings and reports to clients that a flight from the user dollar will be triggered in a matter of months“.

If  Mr. Williams is right the first signs will appear soon. Nobody can be certain of how fast the dollar will collapse, if it does, but it seems inevitable. The main cause is the creation of fiat money by the Federal Reserve for the great recent economic bailout. That money has no backing of gold or silver and the result is the devaluation of the dollar and, therefore, inflation.

“Like pretty much everyone else, save the upper echelons of the New World Order conspirators, we really can’t say for certain how serious of a threat hyperinflation is, especially considering that the debate on whether or not inflation or deflation will be the flavor of the day is evenly split at 50/50. It’s anyone’s ball game at this point.”

It is hard for me to visualize the U.S., an only super power, going down due to a bankrupted economy but I guess it could happen. After all, even a super power has a beginning and an end, just like everything else. The Roman Empire fell.

Am I recommending you to worry about the future of our economy? No! We don’t know what exactly will happen. Besides, to worry is useless. As the Christ said, “. . . tomorrow will take care of itself.” But I think it behooves us to do our research, be aware, and be prepared.

It is also good to consider that the situation we are in could be partly our fault. We have this insidious tendency to disregard the obvious. Or to paraphrase Emily Dickinson, we believe what we don’t believe. As an example many of us believe that our votes still make a difference. And in minor matters maybe they do, but the fact is that most of our politicians are mere puppets in the hands of corporate america and the central banks (Federal Reserve)–they run the country. Politicians help us believe what we don’t believe.

We could consider also that this troubled economy stems from the greed of an ego-oriented society.  The ego-trap (Is that a good name for it?) generates the greed that fosters the desire for economic dominance. Our main problem, therefore, is our blindness. We fail to see that everything is interconnected. We fail to see the Unity.

What I quote in this post is from the links below, and you can go from there.

Hyperinflation Will Start in ‘Six to Nine Months’

What is money when the system collapses?

The author is Mac Slavo at http://www.SHTFplan.com/

Filed under: Current Affairs | Tagged: , , , , | Comments Off on Hyperinflation, will it start in six to nine months? | Everything is Interconnected

%d bloggers like this: