Budget Fiction – The Bipartisan Lie

Both major parties lied to us in the 2012 election, about all kinds of things. One of their biggest whoppers, and a bipartisan one, was their budget projections. President Obama and the Democrats lied to us about this, and so did the Romney/Ryan/GOP team. In particular, they grossly misrepresented revenue in the next few years. …

Continue reading ‘Budget Fiction – The Bipartisan Lie’ »

Hyperinflation 2013 – The Real Hockey Stick

Will we see hyperinflation in 2013? While the sky may be falling, it’s hard to predict the timing of when it will collapse on our heads. –Update: Read our latest post – Global Hyperinflation– We can’t know, but we can look for signs that things are getting worse. Hyperinflations start off as ordinary inflation and …

Continue reading ‘Hyperinflation 2013 – The Real Hockey Stick’ »

Hyperinflation: Countering Matthew O’Brien

Matthew O’Brien contended in an article in the Atlantic that the US can’t face hyperinflation like the Weimar Republic did. Considering my previous post on hyperinflation, I have to critique O’Brien’s analysis. Right now getting the markets to buy our debt isn’t the problem. Right now. Sort of. It is true that investors, rather than …

Continue reading ‘Hyperinflation: Countering Matthew O’Brien’ »