Hyperinflation To Start in 2015: Economist Says Get Supplies : “Gold, Silver, Canned Goods...

SHTF Plan ^ | 2-9-2015 | Mac Slavo - John Williams

[Star Traveler]

I’ve been hearing that for the last 45 years, from various writers. I keep wondering when it’s going to happen ...

[monocle]

Many stock pricing model are based on discounting. Inflation should cause interest rates to rise and at higher interest rates stocks would appear to be over priced.

[expat_panama]

...intense pressure from the political appointees to adjust the numbers...

Interesting; at the same time this proves other things--

• there still are some career BLS people who care about econ more than politics,
• they were at times able to report hard numbers embarrassing the political hacks,
• they did not budge until the political pressure became intense,
• we can still figure out a lot when we understand how contradictions in data output have been distorted by political pressure.

The BLS is fairly transparent with their methodology so it's not that hard to find out what the story really is.  Very different from say, the BEA or worse the Census Br. where they got freer reign to fudge.

[expat_panama]

gotta be a moron to buy this guy's newsletter.

--especially right after yesterday's PPI in negative land.  There are Marxists that remain faithful even when shown how none  none of Marx's predictions came true.  They say it only proves how very far Marx was able to see into the future.

[expat_panama]

..."financial porn." I think it was an apt characterization, as it seems to be addicting to some poor souls, delivering a cheap thrill, even as it distorts reality...

Good model.  Users self-destruct while increasing efforts to ignore or twist reason for their ever stronger emotional attachment to a cherished meme.

[tbw2]

Assuming major debts are paid off and all preps are in place?
In theory, split between income producing real estate and good growth mutual funds.

[The Duke]

I suspect that when the Akerican who grows your food is faced with higher rices for that iPad he wants, that he’s going to raise his own prices as he can.

[FreedomPoster]

Does anyone else remember Howard Ruff?

[Old Sarge]

It’s impossible to predict when and how our economy will finally reach a breaking point

It’s impossible to predict when and how our economy will finally reach a breaking point

It’s impossible to predict when and how our economy will finally reach a breaking point

It’s impossible to predict when and how our economy will finally reach a breaking point

[The_Media_never_lie]

There you stand, all spic and span.

[The_Media_never_lie]

I have friends who are mixed race. They are not mongrels. Although I agree with your premise, please do not use that term.

[Graybeard58]

I too have friends of mixed race and a sister-in-law of mixed race, they are not "mongrels". Obama is a mongrel.

mongrel

[ ˈmäNGgrəl, ˈməNG- ]

NOUN

a dog of no definable type or breed:

Would you prefer that I use, "Obama is a cur"?

[NeoCaveman]

Some would say it already has

[Iron Munro]

===> Anyone want to hear my gasoline storage story ? <===

Yep.

[Iron Munro]

Our grandkids and their kids will sit around their huts and caves at the weekly cooking fire talking about Grandpa’s “Good Old Days” when hot dogs and bacon were only $5 to $6 a pound, a pair of Levi’s was only $50 and a pretty nice car was less than $50,000 dollars.

Of course, by then they won’t even know what a hot dog, a car or a pair of Levi’s is or a dollar looks like.

[expat_panama]

moderate inflation within the us dollar realm, would not investing in stocks/mutual funds work?

Some would say it already has

Over the past hundred years or so inflation's averaged about 3% and stock indexes have averaged ten.  Throw in dividends at 2% we end up w/ stocks returning 9% after inflation.  Not only that, I can buy groceries w/ my brokerage debit card; gold coins in the basement are a lot harder to turn into food.

fwiw, over the past hundred years gold's yearly returns have been just one percent over inflation.

[driftdiver]

But I bet they will be having rat catching contests.

[driftdiver]

Do you have insurance?

[null and void]

Rule of thumb - nothing is guaranteed, ever. However, your chances of success will improve dramatically once the mongrel is out of the white hut.

The more I know obama, the less the phrase "President Biden" bothers me.

[null and void]

I just plan to retreat to my inlaw”s little farm up in the mountains.

You and all their other kith and kin.