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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (92961)7/27/2012 1:38:00 PM
From: RJA_1 Recommendation  Read Replies (1) | Respond to of 217588
 
>>empires have always tried to inflate debt away, but only resulted in deflating the empire away

>>empires do not end in hyper inflation, they end in debt-ly diaper deflation

Jay, do you have historical examples to support this?

I am familiar with Wiemar, and late 1700's France -- both inflationary blowups with severe consequences for TPTB... and more severe consequences for the locals...

What are the deflationary examples, other than 1932 in the US (and the resultant abandonment of the gold standard)?

Where are the examples of empire destroyed by deflation?

Certainly not Rome, which was destroyed by currency debasement (see Armstrong).



To: TobagoJack who wrote (92961)7/27/2012 2:13:22 PM
From: Snowshoe  Read Replies (2) | Respond to of 217588
 
>>lucky not to have global reserve currency status<<

It's been quite a burden, so perhaps we'll relinquish it to another candidate one of these days. Only nations with vast size, global power, and great hubris need apply. Do you know of any? :o)


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News