tag:blogger.com,1999:blog-4490468598422095060.post8965868888396194223..comments2024-03-17T07:55:12.096-07:00Comments on FOFOA: Deflation/Inflation/HyperinflationFOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-4490468598422095060.post-34989258935134949592009-01-30T21:48:00.000-08:002009-01-30T21:48:00.000-08:00“Japan created a structure of production that did ...<I>“Japan created a structure of production that did not meet consumers’ particular demands. Producing things that nobody wants and propping up mal-investments cannot possibly help any economy. This policy is equivalent to the old Keynesian depression nostrum of paying people to dig holes and fill them. Neither policy will revive the economy because neither forces businesses to realign their FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-83396840963469440532009-01-30T16:01:00.000-08:002009-01-30T16:01:00.000-08:00MK,I think your observations are correct. But I t...MK,<BR/><BR/>I think your observations are correct. But I think we can also safely say that hyperinflation always seems to be preceded by grotesque hubris on the part of governments, politicians and banks with regard to deficit spending and currency printing. And that a lack of confidence in the public always accompanies the onset of hyperinflation.<BR/><BR/>And I think we can also safely say FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-17422268962216087202009-01-30T15:24:00.000-08:002009-01-30T15:24:00.000-08:00Hi FofoaI did paste the link for the Brazil hyperi...Hi Fofoa<BR/><BR/>I did paste the link for the Brazil hyperinflation article earlier. One thing is clear from reading your posts and few other instances that hyperinflation does not have a specific cause… It’s more of a social/economic condition. The only thing that can be defined in case of hyperinflation is the affects it has on the society. The earlier post was to demonstrate how even with Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-57815348149161656282009-01-30T11:56:00.000-08:002009-01-30T11:56:00.000-08:00Thanks Anon!That article is great. Clearly we are...Thanks Anon!<BR/><BR/>That article is great. Clearly we are heading down the same path. That article may require a post of its own. Did you find it on another site or linked in an article? Or just a random search? If someone else wrote about it, I would like to read what they wrote.<BR/><BR/>Thanks again,<BR/>FOFOAFOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-66864564740323697592009-01-29T21:43:00.000-08:002009-01-29T21:43:00.000-08:00"In regards to inflation, money supply and consume..."In regards to inflation, money supply and consumer demand. From Brazil's hyperinflation experience<BR/>The next idea was that the problem was printing too much money, one of the basic causes of inflation. “We know from the textbooks that the money supply should equal the money demand. The Central Bank continually set a ceiling for the size of the money supply. They always met their target, but Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-2086158642367890102009-01-29T13:11:00.000-08:002009-01-29T13:11:00.000-08:00And as for the delivery mechanism of hyperinflatio...And as for the delivery mechanism of hyperinflation (which is one of the questions continually asked by the deflationists), I repost this simple explanation. The key being that a panicked government feeling insecure will FIND a way to deliver the fresh money. This is not so hard to imagine:<BR/><BR/><I>In my view the most probable sequence of events resulting in hyperinflation and monetary FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-9669715940986897612009-01-29T13:03:00.000-08:002009-01-29T13:03:00.000-08:00Anonymous, Thank you. I appreciate your comment!As...Anonymous, <BR/>Thank you. I appreciate your comment!<BR/><BR/>As I have said, hyperinflation and deflation look a lot more alike than inflation and hyperinflation do. The name is misleading, as are the placements on the spectrum. Hyperinflation is simply monetary panic in the face of deflation. And it is clear that our government is already panicking. <BR/><BR/>Found this post today on GIM:<FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-37443675420766348872009-01-29T03:16:00.000-08:002009-01-29T03:16:00.000-08:00Long time lurker just posting to say that your wor...Long time lurker just posting to say that your work is very much appreciated. Keep up the good work!!!<BR/> - the silent majorityAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-77804922346294094192009-01-28T15:09:00.000-08:002009-01-28T15:09:00.000-08:00The Next CatastropheHere is something else that wi...<A HREF="http://reason.com/news/show/130843" REL="nofollow">The Next Catastrophe</A><BR/><BR/>Here is something else that will have to be resolved through seigniorage. <BR/><BR/>And I expect this issue to enter the public lexicon in a big way before April 19th.<BR/><BR/>Just one more example of how the collapse of money is also the collapse of socialism.FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-47514559602224992072009-01-28T14:24:00.000-08:002009-01-28T14:24:00.000-08:00This is a good article that calculates and compare...This is a good article that calculates and compares all the irredeemable fiat paper money in the world with all the gold in the world.<BR/><BR/><A HREF="http://financialsense.com/fsu/editorials/dollardaze/2009/0126.html" REL="nofollow">Global Money Supply and the Value of Gold</A><BR/>by Dollardaze aka Mike Hewitt with Krassimir Petrov, PhD.<BR/>January 26, 2009<BR/><BR/>Quote:<BR/><I>As an FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.com