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Your email address will not be published.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

From the Roman Empire to our own Gilded Age, inequality moves in cycles. The future looks like a rough ride Today, the top one per cent of incomes in the United States accounts for one fifth of US earnings. The top one per cent of fortunes hold...

The Alps are mighty and magnificent. Or are they mighty and terrifying because they are beginning to crumble and tumble down into the valleys below? This question has been raised by the dramatic events of summer 2017 in the Swiss mountains. This has hi...

Kindergarten students, dressed as pilgrims and Native Americans, show their parents and grandparents how to do the "Mr T...

On November 4, a few hundred people gathered for the annual ultranationalist "Russian march" in Moscow. With chants like "Glory to Russia" and "Freedom for political prisoners", the demonstrators tried to march through the Lyublino neighbourhood of Mos...

Richard Spencer, a leader in the fringe movement that mixes racism, anti-Semitism and populism, speaks at the Texas A&M University campus in College S...

Recent Facebook Posts

The SurlyZone

The latest The SurlyZone! https://t.co/iPeTyiV19d Thanks to @BlockchainBuffs @BiodivMatters @its_a_shitshow #bitcoin #thanksgiving

1 hour ago

BBC Backs Report that Omitted Killings of Palestinians During Gaza Truce | Global Research - Centre for Research on Globalization

From Global Research:

2 hours ago

American Mercenaries Torturing Saudi Elites Rounded Up by Crown Prince, Blackwater Is Allegedly involved? | Global Research - Centre for Research o...

From Global Research:

2 hours ago

I Give Thanks for This

Charlie Pierce: I Give Thanks for This Two leaders we can still count on will meet discuss the forgotten issue of our time.

2 hours ago

Putin orders Russian companies to be ready for urgent transition to war-time operations

Putin orders Russian companies to be ready for urgent transition to war-time operations-

2 hours ago

Diner Twitter feed

Knarf’s Knewz

From the Roman Empire to our own Gilded Age, inequ [...]

The Alps are mighty and magnificent. Or are they m [...]

Kindergarten students, dressed as pilgrims and Nat [...]

On November 4, a few hundred people gathered for t [...]

Richard Spencer, a leader in the fringe movement t [...]

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

EXCLUSIVE: WHAT TRUMP REALLY TOLD KISLYAK AFTER CO [...]

Fascinating stuff. I get what the author is saying [...]

I first encountered McLuhan as an undergraduate in [...]

EXCLUSIVE: WHAT TRUMP REALLY TOLD KISLYAK AFTER CO [...]

Doomstead Diner Daily 11/23- The Thanksgiving Day [...]

A VERY Furry Coyote Using his Fantastic Sense of S [...]

How Pipelines Put You In Danger For Profit! (w/Gue [...]

Now That Keystone XL Could Go Forward, Let's [...]

From the Roman Empire to our own Gilded Age, inequ [...]

The Alps are mighty and magnificent. Or are they m [...]

Kindergarten students, dressed as pilgrims and Nat [...]

On November 4, a few hundred people gathered for t [...]

Richard Spencer, a leader in the fringe movement t [...]

Now there's a soul with some serious karma to [...]

Quote from: Golden Oxen on November 16, 2017, 11:4 [...]

Quote from: Golden Oxen on November 16, 2017, 11:0 [...]

Charles Manson, leader of the murderous Manson Fam [...]

Quote from: RE on Today at 06:41:04 AMhttps://nypo [...]

http://grist.org/briefly/how-to-survive-thanksgivi [...]

https://nypost.com/2017/11/22/how-a-homeless-mans- [...]

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

Taking a Pass on Gas – Wood Preferred - Part 2 By High Desert Homesteading   Part 1 of this article [...]

The Latest Sign of the Coming Apocalypse By Cognitive Dissonance   On occasion Mrs. Cog accuses me o [...]

Taking a Pass on Gas – Wood Preferred By High Desert Homesteading   We recently bought a 22 year old [...]

Small Town Mountain Living by Cognitive Dissonance   I'm a small town boy. Born and bred small [...]

An Act of Pure Evil By Cognitive Dissonance   This is being written the day after the mass shooting [...]

Event Update For 2017-11-21http://jumpingjackflashhypothesis.blogspot.com/2012/02/jumping-jack-flash-hypothesis-its-gas.html Th [...]

Event Update For 2017-11-20http://jumpingjackflashhypothesis.blogspot.com/2012/02/jumping-jack-flash-hypothesis-its-gas.html Th [...]

Event Update For 2017-11-19http://jumpingjackflashhypothesis.blogspot.com/2012/02/jumping-jack-flash-hypothesis-its-gas.html Th [...]

Event Update For 2017-11-18http://jumpingjackflashhypothesis.blogspot.com/2012/02/jumping-jack-flash-hypothesis-its-gas.html Th [...]

Event Update For 2017-11-17http://jumpingjackflashhypothesis.blogspot.com/2012/02/jumping-jack-flash-hypothesis-its-gas.html Th [...]

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 [...]

Sure, the Svalbard Global Seed Vault is out to conserve our agricultural diversity, but who exactly [...]

Daily Doom Photo

man-watching-tv

Sustainability
  • Peak Surfer
  • SUN
  • Transition Voice

The Diamond Cutter at Apache Pass, Part 3: Vajracchedikā Prajñāpāramitā"The things that are seen are temporal; the things that are unseen are eternal. — Saul of Tarsi [...]

The Diamond Cutter at Apache Pass, Part 2: Passage to India"Blindfolded, he spoke eloquently on the nature of emptiness."This is the second installme [...]

The Diamond Cutter at Apache Pass, Part 1: Cut the Tent"When we move, or we consume foods from outside our region, we are thwarting adaptation. Our ep [...]

Acceleration"We need to get to above-the-line climate solutions with the same urgency as beach communities [...]

Greening Apocalypse California"At some point the marble will fall into a warmer domain of equilibrium."This is one of th [...]

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 [...]

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 [...]

Democracy and politics would be messy business even if all participants were saints. But America doe [...]

Top Commentariats
  • Our Finite World
  • Economic Undertow

http://www.zerohedge.com/news/2017-11-23/nfl-ratings-slump-worsens-espn-forced-slash-80-million-sala [...]

This sums up the situation at the time: https://www.youtube.com/watch?v=PtBy_ppG4hY [...]

If I could be granted entry into this 'few' --- I would promise to spend endlessly .... I [...]

The inevitable outcome of 'democracy'? The politicians who offer free lunches consistently [...]

Maybe he meant we have peaked on cheap to produce fossil fuels.... FORMAT: cancer as a metaphor for [...]

Keeping Up Appearances now UP on the Diner Blog. Sporting a brand spanking newly designed Triangle o [...]

If what is going to happen is that the entirety of the rest of the world is going to collapse first [...]

Jim Rickards is saying that every time that the Chinese devalue their currency that there is a drop [...]

I suspect that the "doom/collapse" that we all anticipated, dare I say hoped for, was the [...]

"All we doomers have is coming on a decade of following internet blogs, and going to our dead e [...]

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
Technical Journals

Changes in climate because of global warming during the 20th and 21st centuries have a direct impact [...]

This paper evaluates contributions to global temperature anomalies from greenhouse gas concentration [...]

Follow on our http://www.doomsteaddiner.net/forum/