{"id":23209,"date":"2017-03-11T11:19:55","date_gmt":"2017-03-11T16:19:55","guid":{"rendered":"http:\/\/olduvai.ca\/?p=23209"},"modified":"2017-03-11T11:19:55","modified_gmt":"2017-03-11T16:19:55","slug":"when-this-all-blows-up","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=23209","title":{"rendered":"When This All Blows Up…"},"content":{"rendered":"
\n
\"\"<\/p>\n
\n
\n
\n

Shutterstock<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

\n

When This All Blows Up…<\/a><\/h3>\n
\n
\n
\n
Understanding the how & when of the next economic crash\u00a0<\/strong><\/div>\n<\/div>\n<\/div>\n<\/div>\n
<\/div>\n<\/div>\n<\/div>\n
\n

This report marks the end of a series of three big trains of thought. The first explained how we\u2019re living through the\u00a0Mother Of All Financial Bubbles<\/a>. The next detailed the\u00a0Great Wealth Transfer<\/a>\u00a0that is now underway, siphoning our wealth into the pockets of an elite few.<\/p>\n

This concluding report predicts how these deleterious and unsustainable trends will inevitably \u2018resolve\u2019 (which is a pleasant way of saying \u2018blow up\u2019.)<\/p>\n

The Ka-POOM Theory<\/strong><\/p>\n

In terms how this will all end, we favor the scenario put forth by Eric Janszen in 1998 called the\u00a0Ka-POOM\u00a0theory<\/a>.<\/p>\n

This theory rests on the belief that the Federal Reserve along with the other world central banks looked at Japan’s several decades of economic stagnation and decided that deflationary recessions are to be avoided at all costs — even if that means blowing asset bubbles and then cleaning up the destruction left behind in their aftermath.<\/p>\n

Because the Fed, et al. have a limited playbook (which is: print, and then print some more), the Ka-POOM model calls for limited periods of disinflation, followed by massive money printing sprees that then produce high inflation.<\/p>\n

Despite the trillions and trillions in thin-air money printed by the world’s central banks over the past 8 years, a common rebuttal we hear is \u201cBut there\u2019s been no inflation so far!\u201d\u00a0 To which I reply, \u201cYes, that\u2019s what we’re being told. But that’s not actually true.\u201d<\/p>\n

Remember: inflation is simply \u201ctoo much money chasing too few goods.\u201d\u00a0 We can detect today’s excess of money in the rising prices in our cost of living — but those higher prices are symptoms, not causes. Inflation is not “higher prices”. Inflation is “too much money”.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Shutterstock When This All Blows Up… Understanding the how & when of the next economic crash\u00a0 This report marks the end of a series of three big trains of thought. The first explained how we\u2019re living through the\u00a0Mother Of All Financial Bubbles. The next detailed the\u00a0Great Wealth Transfer\u00a0that is now underway, siphoning our wealth into […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[1799,124,3596,202,10520,236,238,303,305,413,426,7526,536,538,2218],"class_list":["post-23209","post","type-post","status-publish","format-standard","hentry","category-economics","tag-bubbles","tag-central-banks","tag-chris-martenson","tag-deflation","tag-disinflation","tag-economic-collapse","tag-economic-crash","tag-fed","tag-federal-reserve","tag-hyperinflation","tag-inflation","tag-ka-poom","tag-money","tag-money-printing","tag-peak-prosperity"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/23209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23209"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/23209\/revisions"}],"predecessor-version":[{"id":23210,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/23209\/revisions\/23210"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}