DEBTOR NATION

VIDEOS

Wolf Richter On The Keiser Report
"Debtonomics and the NSA"

Wolf Richter on the Keiser Report
"Where Is The Fear"

Wolf Richter on Max Keiser's "On The Edge" 
"The Pauperization of America"

Wolf Richter on the Keiser Report
"Where the Money Goes to Die"

Clarke and Dawe: European Debt Crisis
Two favorite Australian Comedians

Clarke and Dawe: Quantitative Easing
Big industrial-strength printers, all facing the window

The Fastest Drive Ever Through San Francisco
Don't try to do this yourself
 

humanERROR - by "Frying Dutchman"
Powerful, lyrical appeal to the Japanese. Slams nuke industry, MSM, bureaucrats, and politicians.

Entries in Inflation & Devaluation (79)

Wednesday
Apr232014

That Atrocious Deflation Monster

By Bhanu Shandilya: If we rely on the Fed, it would be easy to assume that the deflation monster must be battled and vanquished at all cost, or else economic disaster will befall us.

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Tuesday
Apr222014

The Very Brief Phenomenon Of The Gold Standard

By Dr. Bryan Taylor: Europe was on a bimetallic standard, not a Gold Standard, from the Middle Ages until World War I. Gold triumphed in the 19th century because bimetallism had failed. This should have been taken as a sign that the gold standard too would inevitably fail.

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Sunday
Apr202014

Draghi’s Bold Push For Creeping Defaults And Real Wage Cuts (Illustrated With Hilarious Cartoon)

There is nothing like a wealthy central bank chief admitting that he wants to, one, help governments default gradually on their debts; and two, cut the real wages of workers. An honesty the Fed never dared to exhibit when it inflicted waves of QE on American workers.

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Saturday
Apr052014

Inflation Watch: Global Food Disruptions, Commodity Prices Soar

By Benjamin Shepherd: Global Inflation is relatively tame, but beneath the surface, food commodity indices are soaring. With implications in a globalized, interlinked world.

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Friday
Apr042014

Christine Lagarde Is Clueless: 70 Words Of Keynesian Claptrap

By David Stockman: The world’s official economic institutions are run by people who believe in monetary fairy tales. The 70 words from IMF head Christine Lagarde are par for the course. She asserts that “low-flation” is the obstacle to economic growth in Europe.

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Wednesday
Mar122014

Coffee – The Craziest Chart Of The Year Already

I’m a coffee lover, and this is getting personal: our latte, espresso, or just plain good coffee is going to bite fiercely into our already mauled pocket book. In one crazy chart.

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Saturday
Feb222014

Why The Government Wants To Shortchange American Seniors

By Benjamin Shepherd, Inflation Survival Letter: The government has a number of incentives to misstate the true level of inflation in the economy, and the recent budget battle between President Obama and Congress is an excellent example of that.

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Sunday
Jan262014

Argentina's Drunken Devaluation Just A Hiccup Before Throwing Up, Passing Out, Waking Up On Floor To Face Reality

By Bianca Fernet, Argentina: Historically speaking, Argentina is really only unquestionably the best at one thing: creating and then surviving economic crises.

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Wednesday
Jan082014

The Piranha of Portugal: Greatest Counterfeiter Of All Time (Or: Any Real Difference Between Keynesianism And Counterfeiting?)

Bryan Taylor, Chief Economist, Global Financial Data: Who was the greatest counterfeiter of all time? Governments have done more to destroy their own currencies than all counterfeiters put together, but “government” is not the correct answer.

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Tuesday
Dec172013

CPI, Jobs, Hourly Earnings, Real Retail Sales Show QE-ZIRP Fail

By Lee Adler, The Wall Street Examiner: Since the 2009-2010 rebound, it has become abundantly clear that the apparent correlation between QE-ZIRP and economic recovery, if it ever existed, no longer exists.

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Thursday
Dec122013

Mother Of All Currency Wars in One Chart: Dollar Vs. Swiss Franc

The destruction of the dollar – so clearly visible against the Swiss Franc – took on a sudden virulent form in 1970. It has been going on just about all my life. And it's still going on. When even the Swiss couldn't handle it anymore, they too jumped into the currency war.

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Thursday
Oct242013

The Indelicacy Of Hiding Inflation: People Get Bigger, Airline Seats Get Narrower

Selling airline tickets to our increasingly pauperized consumers is an art. And hiding price increases is an even greater art. While there are people who don’t worry about the price as they luxuriate in first class, others aren’t so lucky. For them, the industry has a special treat: squeezing their hips.

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Tuesday
Oct222013

A Million Dollars Isn’t What It Used to Be

By Dennis Miller: We all share a common goal: to grow our nest eggs and make sure they last over the long haul. Our generation was taught to live off the interest and never touch the principal, but interest rates for CDs and Treasuries no longer allow for that. They don’t even keep up with inflation, so we have to invest our money elsewhere if we want it to last.

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Saturday
Oct122013

“The Situation Is Hopeless, But Not Serious”

By Shannara Johnson, Chief Editor, Casey Research: "After listening to the speakers, I made sure to program the number of the suicide hotline into my cell phone," real estate expert Andy Miller joked at the beginning of his speech. Rick Rule, resource investor and chairman of Sprott Holdings, quipped, "Amazing – I actually get to be the positive guy here."

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Tuesday
Aug202013

Four Benchmarks to Keep Your Retirement Finances on Track

By Dennis Miller, Miller’s Money: When I was a young buck out in the workplace, financial magazines published worksheets for calculating when you had enough money to retire. The process became easier when we got our first PC. For years, financial planners considered four basic numbers to be conservative estimates. But that all blew up in the fall of 2008.

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Friday
Aug162013

You Don’t Plan on Being Retired Very Long, Do You?

By Dennis Miller, of Miller's Money: I don't know which is worse: realizing you cannot keep a promise you made to someone who was important to you, or being the person who relied on the promise when you finally grasp that it is not going to be kept. Turns out, neither corporations nor governments can keep the pension promises they made.

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Saturday
Jul272013

The Exquisite Art Of Marketing To Pauperized Consumers

People in the upper income categories, those who don’t have to worry about the price of toilet paper, have seen their incomes rise over the years. The rest are in a downward spiral: median household income, adjusted for inflation, has dropped 7.8% since 2000. The lower end got hit the hardest. For these folks, tissue makers have a special strategy: desheeting.

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Tuesday
Jun182013

Currency War Rattles Brazil, Wakes Up the People

Fed Chairman Bernanke and his ilk refuse to see the connection. They’re too busy ogling inflation in the US that is suspiciously low. But China has its eyes riveted on the revolt in Brazil. Like all revolts, it’s about deep-seated issues and inequalities, but the spark that lit it – after inflation had made life too expensive – was an increase in bus fares.

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Thursday
Jun132013

Bank Of Japan Machinations Crash Into Reality

The Japanese stock market has become a case study of central-bank manipulations, and of what happens eventually as reality cannot be eliminated forever. What you hear is a giant hissing sound. What you get is capital destruction and wealth transfer.

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Wednesday
Jun052013

Fed’s Fisher Hilariously Slams Fiscal-Policy Chaos, Slugs QE, And Throws In Funny Video Spoof of Congress

Dallas Fed President Richard Fisher is one of the funniest – and most disturbing – voices out there in the sea of equivocating central bankers. But this time, he outdid himself in the dreadfulness of his warning and the humor of his presentation.

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