Visitors Now: | |
Total Visits: | |
Total Stories: |
Story Views | |
Now: | |
Last Hour: | |
Last 24 Hours: | |
Total: |
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
by Martin Armstrong
Armstrong Economics
I understand that some people have a hard time grasping how is it possible to deflate when on the one hand they appear to create money wholesale? We are in a period of STAGFLATION. This means that the REAL cost of living (including government taxation) is rising. This is squeezing out net disposable income. So we get the worst of both worlds. Additionally, the dollar is the reserve currency and the DEMAND for the dollar is rising as Europe and Japan have problems.
To get HYPERINFLATION that has never taken place in a core economy even looking at Rome, Spain, France, England and now America, the assumption is government will “print” to meet obligations.
Continue Reading at ArmstrongEconomics.com…
2013-04-20 13:00:47
Source: http://silveristhenew.com/2013/04/20/inflation-v-deflation/