Wednesday, September 28th, 2016 MST

Monthly Archives: January 2009

Ron Paul predicts worsening crisis

In a speech before the House of Representatives, Congressman Ron Paul, a long time student of Austrian economics, predicted not only a dollar crisis but a worsening economic crisis.  He fears that our recession will, because of Fed action, turn into a depression, a view that is most interesting. The common perception is that the

Is hyperinflation a possibility for the US?

Many economic/political observers ridicule the suggestion that the massive printing of Federal Reserve Notes (a.k.a. US dollars) could result in hyperinflation.  They have long viewed the hyperinflation that ravaged Germany 1919 – 1923 to have been an anomaly.  They become outraged at the suggestion that hyperinflation could happen in the United States. Those Germans were