tag:blogger.com,1999:blog-4490468598422095060.post3391409118030485430..comments2024-03-17T07:55:12.096-07:00Comments on FOFOA: Argentina's Economic CollapseFOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comBlogger18125tag:blogger.com,1999:blog-4490468598422095060.post-31987788285211158302009-03-18T17:59:00.000-07:002009-03-18T17:59:00.000-07:00I swear I wrote this before I read what you said i...I swear I wrote this before I read what you said in your last comment<BR/><BR/>http://ispeakofpeak.blogspot.com/2009/03/ben-trekdegeneration-next.html<BR/><BR/>Captain Ben " Helm....Set a course for Zimbabwe...Maximum Monetization....Engage".The Mad Scientisthttps://www.blogger.com/profile/00259128528077580628noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-9463527321878013472009-03-18T12:04:00.000-07:002009-03-18T12:04:00.000-07:00Welcome to Zimbabwe, Mad. I hope you enjoy your st...<A HREF="http://finance.yahoo.com/news/Fed-to-buy-up-to-300B-apf-14679757.html" REL="nofollow">Welcome to Zimbabwe, Mad.</A> <BR/><BR/><A HREF="http://jsmineset.com/index.php/2009/03/17/notes-on-special-drawing-rights/" REL="nofollow">I hope you enjoy your stay.</A>FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-33048175927031839642009-03-16T18:04:00.000-07:002009-03-16T18:04:00.000-07:00No problem. Nice chatting with you. I think you w...No problem. Nice chatting with you. <BR/><BR/>I think you will like <A HREF="http://www.counterthink.com/025683.html" REL="nofollow">this article</A>.<BR/><BR/>Enjoy,<BR/>FOFOAFOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-91731429232721188922009-03-16T16:51:00.000-07:002009-03-16T16:51:00.000-07:00Thanks FOFOA,really enjoyed the discussion. Hope t...Thanks FOFOA,<BR/>really enjoyed the discussion. Hope to keep lines of communication open between us.The Mad Scientisthttps://www.blogger.com/profile/00259128528077580628noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-7185294772521601442009-03-15T19:39:00.000-07:002009-03-15T19:39:00.000-07:00Mad,I'm with you. I think monetization will be th...Mad,<BR/><BR/>I'm with you. I think monetization will be the spark that lights the fire. The money supply that's already out there will be the fuel that burns. Then they will fight the fire by throwing more fuel on it. <BR/><BR/>I don't think the rest of the world will put up with Washington abusing its privilege as custodian of the world reserve printing press for its own benefit. But I seeFOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-59648358634730235492009-03-14T23:03:00.000-07:002009-03-14T23:03:00.000-07:00Do not apologize for the long post. It was extreme...Do not apologize for the long post. It was extremely informative and well written. Thank you for taking the time to do so.<BR/>What is find amazing is that deflationists ignore thier own definition "expansion of credit" ..while it is true in the need like you said there wont be any credit, currently govt credit is expanding faster than lines of credit are being pulled. To run a 1.75 trillion The Mad Scientisthttps://www.blogger.com/profile/00259128528077580628noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-40892189979189250772009-03-14T13:17:00.000-07:002009-03-14T13:17:00.000-07:00Here are the two Richard Mayberry charts for easie...Here are the two Richard Mayberry charts for easier access:<BR/><BR/><A HREF="http://1.bp.blogspot.com/_cvdgPlEKW9k/SbwMRHEeLQI/AAAAAAAAAU8/LTDq2adwZok/s1600-h/Graph1.jpg" REL="nofollow">Conventional View of Monetary Policy</A><BR/><BR/><A HREF="http://1.bp.blogspot.com/_cvdgPlEKW9k/SbwMdcZlW3I/AAAAAAAAAVE/cfSyBi_VTDk/s1600-h/Graph2.jpg" REL="nofollow">More Realistic View of Monetary Policy</A><FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-88885986436744128122009-03-14T12:42:00.000-07:002009-03-14T12:42:00.000-07:00Hello Mad Scientist,I apologize in advance for the...Hello Mad Scientist,<BR/><BR/>I apologize in advance for the lengthy reply.<BR/><BR/>I read Kevin's "5 things" article. I think he makes the same mistake other deflationists make. That is to confuse a couple different things. The first is confusing inflation and hyperinflation. I believe that hyperinflation IS a form of deflation, as defined by the deflationists. Asset prices continue FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-3689247861541149032009-03-14T09:45:00.000-07:002009-03-14T09:45:00.000-07:00I think supply destruction will influence prices p...I think supply destruction will influence prices pretty soon. too.<BR/>Janzen and I are in complete agreement there.<BR/>http://ispeakofpeak.blogspot.com/2009/01/supply-destruction.html<BR/><BR/>My larger concern is that there is no way that all debt that the US is going to issue is going to be bought by foreigners. Ergo some will have to be monetized. Can we see an inflationary crisis from a The Mad Scientisthttps://www.blogger.com/profile/00259128528077580628noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-59031347049115933102009-03-14T01:30:00.000-07:002009-03-14T01:30:00.000-07:00Central banks gorged themselves with worthless dol...<I>Central banks gorged themselves with worthless dollar reserves and prevented a hyperinflation of the dollar in the process...<BR/><BR/>Nations today, with little gold holdings seemed to have no clue to where this was all going... They must be thinking that the dollar can be expanded forever and never lose value! To this end, they have based their entire social and economic order on selling FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-32846777278546800652009-03-14T01:13:00.000-07:002009-03-14T01:13:00.000-07:00The latest so called ‘economic stimulus package’ i...<I>The latest so called ‘economic stimulus package’ is nothing more and nothing less than creating money out of thin air. It absolutely guarantees hyperinflation within eighteen months time frame, possibly much less ….. This next wave down is going to be a whopper because it will involve the popping of the commercial real estate bubble and its associated derivatives.</I> <BR/>-Greg McCoachFOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-47648374088431591962009-03-14T01:10:00.000-07:002009-03-14T01:10:00.000-07:00There is no longer any means of reversal of the be...<I>There is no longer any means of reversal of the beginning of the final phase of inflation. For your sake, protect yourself immediately. Be prepared for disruptions in distribution common to hyperinflation…. The key event was when Lehman was flushed – all hell broke loose. The hell cannot be contained in any practical manner.</I><BR/>-Jim SinclairFOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-50280873930870461982009-03-14T01:08:00.000-07:002009-03-14T01:08:00.000-07:00Since there’s 10 times the money in circulation th...<I>Since there’s 10 times the money in circulation than in 2002, in real terms a dollar is worth one tenth of what it was then. All the rhetoric coming out of Washington and Wall Street is designed to make us overlook that simple fact. Never mind the economic systems in which this is happening. Such an exponential growth increase in one variable in any equation – be it physics, biology, astronomyFOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-26333379131739814442009-03-14T01:06:00.000-07:002009-03-14T01:06:00.000-07:00Anonymous... I agree!!Anonymous... I agree!!FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-65218779557638141932009-03-14T01:03:00.000-07:002009-03-14T01:03:00.000-07:00We are landing on a synthetic Frankenstein economy...We are landing on a synthetic Frankenstein economy & finance. A global interventionist debt-driven complex instead of an harmonious free market economy. Full cycle !<BR/><BR/>Denial > acceptance > panic !<BR/><BR/>What happens in Argentina is a fractal and we simply have to magnify this fractal.<BR/><BR/>The present ongoing propaganda efforts are a waste of time and energy. Sort of Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-57966072304986623462009-03-14T01:02:00.000-07:002009-03-14T01:02:00.000-07:00Those betting on the relative safety of the U.S. T...<I>Those betting on the relative safety of the U.S. Treasuries and U.S. dollar underestimate the relative depths and severity of the economic and systemic-solvency crises in the United States versus the rest of the world. Also underestimated is the upside inflation risk in the United States. The costs to the system of the stimulus and bailout packages will be inflation, with risks of high FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-53588972226430171622009-03-13T22:22:00.000-07:002009-03-13T22:22:00.000-07:00Hi. Thanks for the comment.I read your post. Your...Hi. Thanks for the comment.<BR/><BR/>I read your post. Your name, The Mad Scientist, seems somehow appropriate in that post!<BR/><BR/>I think you will find <A HREF="http://www.itulip.com/forums/showthread.php?p=83348#post83348" REL="nofollow">this new article</A> from Eric Janszen very interesting.<BR/><BR/>He gives some specific timings. Summary: High(per) inflation by the end of this year.FOFOAhttps://www.blogger.com/profile/17152544684132776239noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-60505195389371479562009-03-13T19:23:00.000-07:002009-03-13T19:23:00.000-07:00Hello,It seems we blog about similar topicshttp://...Hello,<BR/>It seems we blog about similar topics<BR/>http://ispeakofpeak.blogspot.com/2008/12/in-not-to-distant-future.html<BR/><BR/>I find your arguments about inflation and deflation very interesting...Keep up the good writing!The Mad Scientisthttps://www.blogger.com/profile/00259128528077580628noreply@blogger.com