When large numbers of people in a community are angry, it’s like a volcano that’s ready to blow.
On Monday, the volcano blew.
When you go to the store and something you bought for five bucks six months ago is suddenly going for $5.25, and you just know it’s going to cost you $5.50 in another six months, chances are you just shrug and buy it anyway.Read More »
“Imagine how tricky it would be to bake a cake if the recipe called for 45 minutes in the oven, and you had to figure out of those were nominal minutes or inflation-adjusted minutes.”Read More »
We can’t allow the Fed to increase the money supply to infinity. And we can’t keep borrowing more and more money from China to pay for our consumption.Read More »
“If you were really serious about not having the United States of America drown, here’s what you would do…”Read More »
“How fast do the dominoes go down?”249 Comments »
“The world is on the brink of World War III, and you have the gall to say it’s more stable?”Read More »
With hyperinflation, mounting debt and societal decay, is history repeating itself?Read More »
” … hyperinflation is not produced by central bankers. It is the result of a total failure of the political system.”Read More »
“And that is something that almost never happens…”Read More »
‘If people are prepared to carry money to the grocery store in a wheelbarrow, that may be coming.”229 Comments »
“There are two possible extremes…”213 Comments »
“The bill is coming due.”212 Comments »