[mattduke]

[eastbay]

This is a very telling chart. It reinforces my repeatedly stated contention we're entering into a historically unique (for the US dollar) inflationary period.

Any deflationists think otherwise? I'm always ready to read differing perspectives.

[3aidlillahi]

I'd noticed a month ago the plunge that the growth rate had taken. No doubt, it was from banks stopping their lending a great deal and the slowing economy. This, the rebound, was to be expected given the $x trillion that were dumped publicly and privately into the markets within the past few weeks. And I don't even think that chart has captured all of that dumping. 30% by Christmas is certainly possible.

Anyone check out the Gold-Silver ratio? It's nearly 90. I remember when it was less than 50 just a few months ago.

[pedalling_faster]

$this->bbcode_second_pass_quote('eastbay', 'T')his is a very telling chart. It reinforces my repeatedly stated contention we're entering into a historically unique (for the US dollar) inflationary period.

Any deflationists think otherwise? I'm always ready to read differing perspectives.

[mattduke]

$this->bbcode_second_pass_quote('pedalling_faster', '')$this->bbcode_second_pass_quote('eastbay', 'T')his is a very telling chart. It reinforces my repeatedly stated contention we're entering into a historically unique (for the US dollar) inflationary period.

Any deflationists think otherwise? I'm always ready to read differing perspectives.

[mattduke]

Past 22% growth rate.

[topfuel]

Okay for 3 weeks what's on the next page,
to simple to say just yet,but I still don't get the #'s

[Daculling]

It's flat without the TAF, PCDF, other alphabet soup...

That money is going into the singularity. It is not inflationary.

Inflation comes later when they overshoot. Just my opinion.

[smallpoxgirl]

We've gone round and round about this before, but inflation is not increasing money supply. Inflation is rising prices. Some fields of economics hold that increasing money supply is always the cause of inflation. To measure whether you have inflation though, you have to look at prices. Prices right now are falling pretty rapidly. It's pretty clear to me that we are in deflation at least for the short term. The reason is that there have been significant changes in the way money is flowing right now that aren't reflected in the M3. Everyone from Chase Bank all the way down to Joe the delusional non-plumber have suddenly started hoarding money. Everybody is saving all of a sudden and not spending. It's fundamentally changed how money is flowing. A lot less of that M3 is circulating than was 3 months ago.

If and when the credit markets loosen up and more of that M3 starts moving around again, then as Daculling said, we're likely to overshoot and end up with some pretty serious inflation, but we're not there now.

[ReverseEngineer]

$this->bbcode_second_pass_quote('smallpoxgirl', ' ') Everyone from Chase Bank all the way down to Joe the delusional non-plumber have suddenly started hoarding money. Everybody is saving all of a sudden and not spending.

[smallpoxgirl]

$this->bbcode_second_pass_quote('ReverseEngineer', 'W')here this money is going is into the Black Hole. It is simply disappearing from existence. Its going into accounting books to balance out contracts which for all intents and purposes are meaningless.

[cube]

$this->bbcode_second_pass_quote('smallpoxgirl', 'W')e've gone round and round about this before, but inflation is not increasing money supply. Inflation is rising prices.

[ReverseEngineer]

$this->bbcode_second_pass_quote('smallpoxgirl', '
')
Then why is it still showing up on the M3 chart?

[smallpoxgirl]

$this->bbcode_second_pass_quote('cube', 'I') don't see prices going down at the grocery store and my land lord isn't reducing my rent that's for sure.

[smallpoxgirl]

$this->bbcode_second_pass_quote('ReverseEngineer', 'W')hen this stuff goes live, it sucks the reserves down in a virtual INSTANT.

[eastbay]

$this->bbcode_second_pass_quote('smallpoxgirl', '')$this->bbcode_second_pass_quote('cube', 'I') don't see prices going down at the grocery store and my land lord isn't reducing my rent that's for sure.

[Tyler_JC]

SUVs, cars in general, construction services, electronics, clothing, gasoline, natural gas, heating oil, and toys are all falling in price based on what I see.

There are going out of business sales all over the place.

Linens-N-Things is having a massive fire sale of all of its merchandise. If you want heavily discounted pillows, now is the time to act. Dust ruffles are priced to SELL.

This isn't a great sign for the health of the economy...but it's certainly putting a damper on inflation concerns. At least in the short term.

[mattduke]

M3 + TAF hits 24.5%

[ColossalContrarian]

$this->bbcode_second_pass_quote('smallpoxgirl', '')$this->bbcode_second_pass_quote('cube', 'I') don't see prices going down at the grocery store and my land lord isn't reducing my rent that's for sure.

[firefly]

I have been going to the bank for weeks, removing my 401 k in cash, bonds, in cash, accounts in cash and putting it in the safe at my dads business. and I bank at four different banks over the years with several accounts at each.

I am down now totwo accounts, one with 50 dollars in it (the lowest In the last 12 years) and another with under 100,000 which I plan to leave in there. If there is a collapse I can phone in the next day and digitally request the whole thing transferred to the Internal revenue system online banking and move it all there that way I will be overpayed for the fourth quarter and if the government exists next year I will get it back if not no loss.

anyway... the rest of the story...


In the last two weeks, all the cash at all the banks is newly printed, crispy, and they are having trouble counting it out. Their limits are now down to 2000-4000 at a time and one suggested I come back wednesday "We are expecting a large truck of money on wednesday, but you better come in the morning because by Thursday we maynot be able to cash you out again...

What are people are doing with their accounts? Obvious.

Everyone is, as quietly as possible, removing all the cash they may have saved very quietly, and converting to gold or burying it.

A Third person met me at the door, asked me how I was doing, did I have fun this weekend? and he was appearing very nervous...
He asked why I was there today.
I said I just wanted to check my account.
When he heard that he became noticebly more relieved and then a nearby lady asked if I would be interested in starting a new account.

I said no, I have too many accounts and I want to close some of them and today I want to cash this one out. She became noticebly sadder. it was an old account I used for Ebay (ebay is worthless these days haven'tused it for months) and I wasnt sure how much was in it it just collected the profits of the sales as I was getting rid of stuff when we moved to our isolated retreat permanently. Only had a couple thousand in it, but still she had to ASK if there was enough to cover it!

There is nervousness in the banks THIS WEEK, this did not exist last week. something is up.

Anyway,we beat the rush, we have enough to survivefor some years and the money is in bundles of 1000. I figure that is how much a bag of flour will cost next year.