Silver as an investment

Category Archives: Purchasing Power

Venezuela’s Grim Reaper: A Current Inflation Measurement, Including a Note on the IMF’s Musings on Inflation

Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke. The Grim Reaper has taken his scythe to the Venezuelan bolivar. The death of the bolivar is depicted in the following chart. A bolivar is worthless, and with its collapse, Venezuela is witnessing the world’s worst inflation.  As the bolivar […]

Stockman Slams “The Deep State’s ‘Bogus Iranian Threat'”

Authored by David Stockman via The Ron Paul Institute for Peace & Prosperity, Last week, we identified a permanent fiscal crisis as one of the quadruple witching forces arising in October 2017 which will shatter the global financial bubble. Then, the Donald made the crisis dramatically worse by decertifying the Iranian nuke deal, thereby reinforcing another false […]

Italy’s Parallel Fiscal Currency: All You Need To Know

Authored by Marco Cattaneo, from Basta con l’Eurocrisi, via GEFIRA, There is an increased talk in Italy about fiscal money as an instrument to resolve the economic crisis, which is not over yet. Despite the optimism shown by the Italian government and the EU, the Eurozone economy is far from being in an acceptable condition, and […]

The Death Of Petrodollars & The Coming Renaissance Of Macro Investing

Authored by John Curran via Barrons, The petrodollar system is being undermined by exponential growth in technology and shifting geopolitics. What comes next is a paradigm shift… In the summer of 1974, Treasury Secretary William Simon traveled to Saudi Arabia and secretly struck a momentous deal with the kingdom. The U.S. agreed to purchase oil […]

“Game Changer”

Authored by Paul Brodsky via Macro-Allocation.com, Investors understand that asset markets are experiencing dynamic change (think ETFs), but have not yet broadly recognized that the fundamental nature of wealth itself is changing too. Before the decline of active asset management runs its course there will be an imperative to focus on active currency management. Wealth […]

Ron Paul Asks “Will Tax Reform Increase Or Limit Liberty?”

Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, President Trump and the congressional Republican leadership recently unveiled a tax reform “framework.” The framework has a number of provisions that will lower taxes on middle-class Americans. For example, the framework doubles the standard deduction and increases the child care tax credit. […]

China’s Shadow-Lending Ecosystem Could Be As Large As $40 Trillion, PBOC Guesses

Authored by Deep Throat at Deep Throat Blog Today, I'd like to take some time to revisit a couple of related topics that we first started discussing a few years ago. I am, of course, referring to the burgeoning increases in China's Debt levels, Shadow Bank Assets (loans) and M2, along with a high-level analysis […]

The Bitcoin “Smile” – Cryptocurrencies Surge As Dollar Purchasing Power Plunges

Authored by Anthony Saunders via Snake Hole Lounge blog, The Federal Reserve was created by an act of Congress in 1913 and a stroke of the pen by President Woodrow Wilson. And the purchasing power of US consumers has never been the same. Enter Bitcoin, the worldwide cryptocurrency and digital payment system. Currently, one  Bitcoin […]

Mark Hanson Warns, Housing Affordability Never Worse… By A Long-Shot

Authored by Mark Hanson via MHanson.com, Bottom Lines:  The income required to buy a median priced builder house has been more diverged from fundamental, end-user, mortgage-needing, shelter-buyer cohort income (purchasing power), which is why builder demand and end-user resales remain anemic.   Meaningful sales growth with this affordability backdrop is impossible. A mean reversion – […]

These Are The States Where $1 Million Lasts The Longest

If you had a million dollars, would you retire? For most Americans, the answer to that question would be no. Which is especially problematic for millennials, who, having been permanently scarred by the financial crisis, are investing at lower rates than members of Generation X or the Baby Boomers, making it more difficult for them […]