Competitive Currency Devaluation & Deflation

logopodcastOff the microphone of RE

Follow us on Twitter @doomstead666
Friend us on Facebook

Aired on the Doomstead Diner on November 18, 2014

matcho

Discuss this Rant at the Podcast Table inside the Diner

http://www.cartoonspot.net/looney-tunes/images-looney-tunes/speedy-gonzales-A.gif

Speedy Gonzalo Lira sez, “OOPS! I guess I made a MEEESTAKE!”

Snippet:

…Remember back to 2008-2009 when Hank Paulson pulled out the Bazooka to bail out the TBTF Banks, and then Helicopter Ben Bernake launched the first of his QE ships? Pundits in the Econ Blogosphere went berserk, predicting imminent Hyperinflation of the Dollar. John Williams, Speedy Gonzalo Lira, Mish, you name it they all predicted rampant HI which somehow never arrived here.

Meanwhile in the dark secluded corners of the internet, a few people like Nicole Foss of The Automatic Earth, Steve Ludlum from Economic Undertow and myself all predicted a deflationary event coming down the pipe, at least for the Dollar.

What is the situation today? Deflation is now the word of the day spoken fearfully by Central Bank chieftains, and even notorious Hyperinflation predicting sites like Zero Hedge are on the Deflation Bandwagon…

For the rest, LISTEN TO THE RANT!!!

Leave a Reply

Your email address will not be published. Required fields are marked *

Knarf plays the Doomer Blues

https://image.freepik.com/free-icon/musical-notes-symbols_318-29778.jpg

Support the Diner
Search the Diner
Surveys & Podcasts

NEW SURVEY

Renewable Energy

VISIT AND FOLLOW US ON DINER SOUNDCLOUD

" As a daily reader of all of the doomsday blogs, e.g. the Diner, Nature Bats Last, Zerohedge, Scribbler, etc… I must say that I most look forward to your “off the microphone” rants. Your analysis, insights, and conclusions are always logical, well supported, and clearly articulated – a trifecta not frequently achieved."- Joe D
Archives
Global Diners

View Full Diner Stats

Global Population Stats

Enter a Country Name for full Population & Demographic Statistics

Lake Mead Watch

http://si.wsj.net/public/resources/images/NA-BX686_LakeMe_G_20130816175615.jpg

loading

Inside the Diner

Must be a slow newz day when the best you have are school boy game results.

https://oilprice.com/Energy/Energy-General/OPECs-Agreement-Sends-Oil-Prices-Soaring.htmlOPEC’s Agreement Sends Oil Prices Soaring[...

Quote from: Surly1 on Today at 07:55:11 AMMoar government by major Republican donor.These Private Prison Companies Are Already Profiting Off of Trump’s Order on Family Separatio...

The Deep Consistency of the Trump AdministrationBeneath the constant contradictions and re...

Moar government by major Republican donor.These Private Prison Companies Are Already Profiting Off of Trump’s Order on Family SeparationBy ordering that immigrant families be detai...

Recent Facebook Posts

French Beekeepers Sue Bayer/Monsanto on Glyphosate in Honey; U.S. Court Allows Glyphosate Contamination of Honey Labeled "100% Pure" - Beyond Pesticides Daily News Blog

French Beekeepers Sue Bayer/Monsanto on Glyphosate in Honey; U.S. Court Allows Glyphosate Contamination of Honey Labeled “100% Pure”

24 minutes ago

From Nazi Germany to Japanese Interment Camps: Here's The Disgusting History Behind Trump's 'Infest'

Donald Trump’s defenders will say he didn’t mean to dehumanize immigrants when he said they’re “infesting” the United States. He did. From Nazi..

27 minutes ago

America’s Millennials Are Waking Up to a Grim Financial Future

America’s Millennials Are Waking Up to a Grim Financial Future– Job prospects, savings, safety nets, life expectancy—the data show just..

31 minutes ago

Deluxe Charter Schools Serve Up Opportunities For Taxpayer-Funded White Flight

From AlterNet:

2 hours ago

Here Are 6 of the Most Absurd Excuses Right-Wing Media Used for Trump's Draconian Family Separation Policy

From AlterNet:

2 hours ago

Diner Twitter feed

Knarf’s Knewz

Quote from: Eddie on March 13, 2018, 05:21:10 PMAl [...]

Quote from: knarf on March 13, 2018, 03:33:01 PMAU [...]

Quote from: knarf on March 13, 2018, 03:25:04 PM [...]

A new study found that the Great Recession correla [...]

From 2003 to 2005, Gina Haspel was a senior offici [...]

Diner Newz Feeds
  • Surly
  • Agelbert
  • Knarf
  • Golden Oxen
  • Frostbite Falls

Dickless and desperate. Boo fucking hoo.In a relat [...]

Quote from: Eddie on June 22, 2018, 02:23:44 PMBou [...]

Bourbon is the secret ingredient in my chocolate m [...]

Quote from: Eddie on June 22, 2018, 12:05:51 PMThe [...]

They sure ignored what look like big spikes in the [...]

Quote from: Eddie on March 13, 2018, 05:21:10 PMAl [...]

Quote from: knarf on March 13, 2018, 03:33:01 PMAU [...]

Quote from: knarf on March 13, 2018, 03:25:04 PM [...]

A new study found that the Great Recession correla [...]

From 2003 to 2005, Gina Haspel was a senior offici [...]

The reason bad money drives out good is that gover [...]

Quote from: Eddie on June 13, 2018, 08:51:21 AMQuo [...]

Quote from: Golden Oxen on June 13, 2018, 08:31:45 [...]

Prices on the move again Dear Readers, Trust me, G [...]

Thanks to the Diners who so far have Ponied Up to [...]

https://www.huffingtonpost.com/entry/python-indone [...]

My friend Brian is up here from Spokane visiting w [...]

I guess turning them into Food Forests is out of t [...]

Alternate Perspectives
  • Two Ice Floes
  • Jumping Jack Flash
  • From Filmers to Farmers

Some Thoughts from the Front Lines By Casey Stengel Editor - One of the ways we avoid catastrophe fa [...]

It Takes a Village… By Cognitive Dissonance     Mrs. Cog and I live at the end of a dead end private [...]

Shadows by Cognitive Dissonance   Elevation changes the way the sun and atmosphere interact. In the [...]

Learning from America’s Forgotten Default   May 21, 2018 Sebastián Edwards   As originally posted on [...]

Propaganda, Human Consciousness, And The Future Of Civilization By Caitlin Johnstone As Originally P [...]

Event Update For 2018-06-20http://jumpingjackflashhypothesis.blogspot.com/2012/02/jumping-jack-flash-hypothesis-its-gas.html Th [...]

Event Update For 2018-06-19http://jumpingjackflashhypothesis.blogspot.com/2012/02/jumping-jack-flash-hypothesis-its-gas.html Th [...]

Event Update For 2018-06-18http://jumpingjackflashhypothesis.blogspot.com/2012/02/jumping-jack-flash-hypothesis-its-gas.html Th [...]

Event Update For 2018-06-17http://jumpingjackflashhypothesis.blogspot.com/2012/02/jumping-jack-flash-hypothesis-its-gas.html Th [...]

Event Update For 2018-06-16http://jumpingjackflashhypothesis.blogspot.com/2012/02/jumping-jack-flash-hypothesis-its-gas.html Th [...]

NYC plans to undertake the swindle of the civilisation by suing the companies that have enabled it t [...]

MbS, the personification of the age-old pre-revolutionary scenario in which an expiring regime attem [...]

You know things have taken a turn for the desperate when women have started to drive. Or rather, whe [...]

From Filmers to Farmers is re-launched on the astounding open source blogging platform Ghost! [...]

The blogging scene is admittedly atrocious. Is there really no option for a collapse blogger to turn [...]

Daily Doom Photo

man-watching-tv

Sustainability
  • Peak Surfer
  • SUN
  • Transition Voice

"Fossil fuels are reaching up to pull us into their grave." Approaching the vernal equinox [...]

Is it Hot Enough Yet?"Fudging the dates to make it seem like we will cross the 2 degree threshold in 2018, however, [...]

Waiting for Korowicz"Notice how even greater fragility is being designed into the system."The first named stor [...]

Crow Fritters"Try to imagine half the numbers of commercial passenger flights in 2025 as today, or half the [...]

The Russians Aren't Coming"What exactly is our strategy for the Malthusian predicament?"  In his autobiography, Holl [...]

The folks at Windward have been doing great work at living sustainably for many years now.  Part of [...]

 The Daily SUN☼ Building a Better Tomorrow by Sustaining Universal Needs April 3, 2017 Powering Down [...]

Off the keyboard of Bob Montgomery Follow us on Twitter @doomstead666 Friend us on Facebook Publishe [...]

Visit SUN on Facebook Here [...]

To fight climate change, you need to get the world off of fossil fuels. And to do that, you need to [...]

Americans are good on the "thoughts and prayers" thing. Also not so bad about digging in f [...]

In the echo-sphere of political punditry consensus forms rapidly, gels, and then, in short order…cal [...]

Discussions with figures from Noam Chomsky and Peter Senge to Thich Nhat Hanh and the Dalai Lama off [...]

Lefty Greenies have some laudable ideas. Why is it then that they don't bother to really build [...]

Top Commentariats
  • Our Finite World
  • Economic Undertow

Are we still on for a Grand End of the World as We Knew It Party in 2025 then David? [...]

If you enjoyed the works of Immanuel Velikovsky, you'll love this. [...]

We need to adopt an energy frugal lifestyle ASAP. And if we do that, what to you think the consequen [...]

Greg, I don't see any alternatives to massive die-off. You and I personally may not "need [...]

"Forgotten Civilization: The Role of Solar Outbursts in Our Past and Future" by Robert M S [...]

They can do anything that they want except create a whole new earth to repopulate. As I see it infla [...]

Creedon - Isn't it possible they can do both at the same time? Publicly give the impression tha [...]

The financial elites are at a crossroads. Do they continue to roll back zero interest rate policy an [...]

The price of oil is too high for India: https://www.bloombergquint.com/markets/2018/03/28/india-to-c [...]

FRM - Too true. I suspect that was what Steven Hawking understood when he warned us that it was capi [...]

RE Economics

Going Cashless

Off the keyboard of RE Follow us on Twitter @doomstead666...

Simplifying the Final Countdown

Off the keyboard of RE Follow us on Twitter @doomstead666...

Bond Market Collapse and the Banning of Cash

Off the microphone of RE Follow us on Twitter @doomstead666...

Do Central Bankers Recognize there is NO GROWTH?

Discuss this article @ the ECONOMICS TABLE inside the...

Singularity of the Dollar

Off the Keyboard of RE Follow us on Twitter @doomstead666...

Kurrency Kollapse: To Print or Not To Print?

Off the microphone of RE Follow us on Twitter @doomstead666...

SWISSIE CAPITULATION!

Off the microphone of RE Follow us on Twitter @doomstead666...

Of Heat Sinks & Debt Sinks: A Thermodynamic View of Money

Off the keyboard of RE Follow us on Twitter @doomstead666...

Merry Doomy Christmas

Off the keyboard of RE Follow us on Twitter @doomstead666...

Peak Customers: The Final Liquidation Sale

Off the keyboard of RE Follow us on Twitter @doomstead666...

Collapse Fiction
Useful Links
Follow on our http://www.doomsteaddiner.net/forum/