Hyperinflation Nation

An Order Of Magnitude Increase in the Monetary Base

From a Wall Street Journal Article here.


The article is worth reading, but the chart really says it all.

Fed Planning Inflationary Dollar Destroying 15-Fold Increase In US Monetary Base

By September of 2009: Read it here...

This fits well with with the previous post, Update to Hyperinflation Scenarios.

Update to Hyperinflation Scenarios

This scenario seems likely, for the time being:

MEDIUM/LONG-DURATION SCENARIO:
Slow climb:    (already happening)
Ramp up:       Sep 2009
Crazy:         Jun 2010
Dollar Nuked:  Sep 2010
Recovery:      Sep 2010 - Mar 2012

For background:
Hyperinflation Scenarios
Discerning The Pattern

H/T to MSimon for stirring me up...

The Multi-Trillion-Dollar Scorecard

Here's a handy reference on how much money is spewing forth: Economy rescue: Adding up the dollars

Total score to date: $2.3 trillion spent, $11.6 trillion planned.

Add another trillion to that list: Fed to pump another $1 trillion into U.S. economy

Soon to be followed by two more: Obama climate plan could cost $2 trillion

Pretty soon we're talkin' about some real money!

Hyperinflation Is (not completely) a Black Hole

The hyperinflation meme is rising on the Media-Attention-Meter. A lot of commenters treat hyperinflation as an event horizon, beyond which no information is available. That's not exactly true.

There is a pattern to hyperinflation, and while it can be really nasty, it is not the end of the world.

It could, however, be the end of your retirement account, assuming it consists of treasuries, mortgage-backed securities, derivatives, or other abstract financial instruments that are not based on anything real. U.S. Dollars fall squarely under that category.

And I've been meaning to post something at least a little positive for once: On the plus side, if you can maintain income increases through the hyperinflation phase, you could possibly pay off your debts really quickly. Good for you, bad for banks and credit card companies.

---------------------
Why hasn't Polywell Fusion been funded by the Obama administration?
IEC Fusion Technology (Polywell Fusion) Explained

A Really Clear Explanation

Glenn Beck on Fox News gives a great, concise explanation of where we are at right now.

Even Glenn Beck Is Starting To Get It

H/T to MSimon at Power and Control.

---------------
O/T:Why hasn't Polywell Fusion been funded by the Obama administration?
IEC Fusion Technology (Polywell Fusion) Explained