Home » Posts tagged 'hyperinflation' (Page 5)
Tag Archives: hyperinflation
Depression then Hyperinflation Coming – Charles Nenner
Depression then Hyperinflation Coming – Charles Nenner Renowned geopolitical and financial cycle expert Charles Nenner says don’t believe the Federal Reserve when it says it expects “the strong performance of the economy will continue.” According to Nenner, it’s about to go the other way—down. Nenner explains, “Definitely, later this year, the interest rates are going […]
Hyperinflation Avoidance Advice for Turkish Citizens as Fitch Cuts Ratings
Hyperinflation Avoidance Advice for Turkish Citizens as Fitch Cuts Ratings Turkey is on a path towards hyperinflation. Here are the steps Turkish citizens should make ASAP. Citing stability risks, Fitch Cuts Turkey’s Credit Rating to BB, further into junk territory. Risks to macroeconomic stability have intensified owing to the widening in the current account deficit, […]
Civil Unrest = Hoarding of Assets
Civil Unrest = Hoarding of Assets QUESTION: Mr. Armstrong; You pick themes that are not really just political on the surface, but beneath you are connecting the dots economically. This is what I read between the lines for you do not always emphasize it in every post why you will address issues like migration and […]
Venezuela’s Episode of Hyperinflation Reaches New “Highs” – Prices Double Every 17.5 Days
Venezuela’s Episode of Hyperinflation Reaches New “Highs” – Prices Double Every 17.5 Days The most important price in an economy is the exchange rate between the local currency and the world’s reserve currency — the U.S. dollar. As long as there is an active black-market (read: free market) for currency and the data are available, […]
Everything You Need to Know About Inflation
Everything You Need to Know About Inflation It’s been said that when the U.S. sneezes the rest of the world catches a cold. Inflation by overall annual average has been below target for some years now, since 2012 to be exact. The Fed usually seeks a 2% inflation as a comfort zone. Granted, it’s only […]
The Specter of Hyperinflation: Remarque’s “The Black Obelisk”
The Specter of Hyperinflation: Remarque’s “The Black Obelisk” Erich Maria Remarque, author of All Quiet on the Western Front, produced a novel in 1956 called The Black Obelisk about the nightmarish hyperinflation that battered the German mark in the early 1920’s and led to the rise of fascism. Germany’s experience during the troubled Weimar era, […]
Venezuela Knocks Three Zeros Off Its Currency to Halt Hyperinflation
Venezuela Knocks Three Zeros Off Its Currency to Halt Hyperinflation Redenomination is Venezuela’s sorry story of the day. It won’t work. In a worthless attempt to halt hyperinflation, Venezuela Deletes Three Zeros From Its Failing Currency. Socialist Venezuela is going through a crisis that has left people struggling to pay for food and find medicines. […]
Venezuela’s Inflation Surges to A New High: 8321%
Venezuela’s Inflation Surges to A New High: 8321% After Venezuela ditched its multiple exchange-rate system and announced that it would introduce a new cryptocurrency (read: the petro), the hapless bolivar staged a bit of a rally. Many people concluded that the rally was the result of these two policy changes. While that conclusion might hold […]
The Way to Survive Hyperinflation
The Way to Survive Hyperinflation COMMENT: Mr. Armstrong; I just wanted to comment that I am from Venezuela. My father came here to visit me in Florida where I live with a Green Card. Everything he saved in life for his retirement is now worthless and it does not even pay to travel back to […]
Venezuela’s 4,000% Hyperinflation ‘Breaks’ Cash-Weighing Scales
Venezuela’s 4,000% Hyperinflation ‘Breaks’ Cash-Weighing Scales Mired in a brutal economic collapse, Venezuela refuses to publish basic statistics. So Bloomberg created their own gauge to measure one of the most important of all the missing figures – inflation (or hyperinflation in this case). Bloomberg explains that, as the name would suggest, it tracks just one […]
Hyperinflation Unfolds Only When Public Confidence Collapses
Hyperinflation Unfolds Only When Public Confidence Collapses COMMENT: Mr. Armstrong, I read your piece on South Africa and you are the only person to explain that the hyperinflation in Zimbabwe took place after they stole all the land from the white farmers. You really turn over every stone in your research. My hat is off […]
Turkey – Default or War?
Turkey – Default or War? QUESTION: Mr. Armstrong, My father was ______ the banker who commissioned you to do the Turkish lira hedging project in 1983. He passed away as you know. I found this material in his files on Turkey that you apparently published back in 1985. Some articles are saying that Turkey is […]
Venezuela Officially Defaults; Annual Inflation 2689 Percent: When Does the Military Take Over?
Venezuela Officially Defaults; Annual Inflation 2689 Percent: When Does the Military Take Over? Electricidad de Caracas, a Venezuelan state-owned electric company, officially defaulted on a $650 million bond payment. The company was already a month late on its payment before the trustee, Wilmington Trust, issued a statement. Meaanwhile, Professor Steve Hanke notes annual inflation is […]
Venezuela’s Grim Reaper: A Current Inflation Measurement – Current Annual Rate 2875%
Venezuela’s Grim Reaper: A Current Inflation Measurement – Current Annual Rate 2875% The Grim Reaper has taken his scythe to the Venezuelan bolivar. The death of the bolivar is depicted in the following chart. A bolivar is worthless, and with its collapse, Venezuela is witnessing the world’s worst inflation. As the bolivar collapsed and inflation […]
This Is What The Death Of A Nation Looks Like: Venezuela Prepares For 2,300% Hyperinflation
This Is What The Death Of A Nation Looks Like: Venezuela Prepares For 2,300% Hyperinflation Back in January 2016, we showed what the collapse of Venezuela looks like, when in addition to charting Venezuela’s imploding currency (which back then was trading at a positive expensive 941 bolivars to the dollar), we presented what at the […]
