SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (25435)12/11/2009 10:58:18 AM
From: Real Man  Read Replies (1) | Respond to of 71456
 
Well, the CPI during WWII (1940-1945) was about 2.5% per
BLS calculator, while yields were low (Bart's govt debt spike)

However, an older story with Continental dollar was much less
successful. We created hyperinflation in the US.
We've been monetizing lately at about the same pace
as we did back then -g-

ideas.repec.org

Of course, one key difference was that back during WWII
35 dollars always bought 1 gold Oz., so, monetary expansion
and QE was not something you could easily do.



To: ggersh who wrote (25435)12/11/2009 11:13:05 AM
From: Real Man  Read Replies (2) | Respond to of 71456
 
Argentina currency crisis. Note the negative CPI prior to
the spike. Apparently CPI stayed at zero or negative
for a couple of years.