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All of these similarities and differences are setting up a sea-change revaluation of capital, resources and labor that will be on the same scale as the extraordinary transitions of the 1920s and 1970s. The awakening of inflation after decades of slumber has triggered a flurry of comparisons to the 1970s accompanied by a chorus of projections for 1970s-type stagflation, defined as inflation plus economic stagnation-- limited or negative growth and high unemployment. A less popular comparison is with the 1920s: a massive expansion of debt, an equally massive speculative bubble in assets and extreme wealth-income inequality, all against a backdrop...

The value of these super-abundant follies will trend rapidly to zero once margin calls and other bits of reality drastically reduce demand.Inflation, deflation, stagflation–they’ve all got proponents. But who’s going to be right? The difficulty here is that supply and demand are dynamic and so there are always things going up in price that haven’t changed materially (and are therefore not worth the higher cost) and other things dropping in price even though they haven’t changed materially. So proponents of inflation and deflation can always offer examples supporting their case. The stagflationist camp is delighted to offer a compromise case:...

Today's Quotefall Puzzle features a quote by Charles Hugh Smith. Click image (or click here) for full size rendition, then use your browser's print command to print puzzle. Chrales Huge Smith is a writer and a contributing editor to a financial prosperity blog and author of several financial books. All hints, along with the answer, are provided in the first reply comment below, using filtered font to prevent accidential spoilers. Please refrain from disclosing the full answer in comments to prevent spoilers.To solve the puzzle: Enter the letters in the top half (letter columns) of the puzzle into the white squares on...

www.FinancialSurvivalNetwork.com presents Charles Hugh Smith and Rick Ackerman joined us today for another investment roundtable, and what to do with your retirement investments was a big topic. Each day, the government gets more desperate in their frantic search for new revenues to keep the bankrupt system afloat. Therefore, the multi-trillion dollar pool of private retirement savings becomes an ever more irresistible target for a rapacious congress, which is more concerned about feeding itself than helping Americans through the current economic malaise. This concept led to a discussion of survival investing and where to safely store your money. Charles introduced the...

www.FinancialSurvivalNetwork.com presents Charles Hugh Smith is a published author who also has the blog OfTwoMindz. He has studied economic cycles and his prognosis for the country is not positive. But, he has developed a number of steps that you can take to avoid much of the brunt of the coming economic calamity. HisUnconventional Guide to Investing in Troubled Times is a must for those struggling to make it through these trying times. You need to be hopeful and optimistic in your own personal affairs regardless how bad things appear to be. Charles has new insights into starting a business and...