Page 2 of 4 FirstFirst 1234 LastLast
Results 11 to 20 of 32

Thread: Are we in a deflationary collapse right now?

  1. #11
    BANNED (Permanent)
    Join Date
    May 2010
    Posts
    3,978
    Thanks
    18
    Thanked 504 Times in 363 Posts

    Re: Are we in a deflationary collapse right now?

    Bretton woods according to this chart has been collapsing since late 2007.

  2. The Following 4 Users Say Thank You to Hypertiger For This Useful Post:

    jimswift (14th April 2013),mamboni (13th April 2013),mick silver (15th April 2013),Tumbleweed (13th April 2013)

  3. #12
    .999 Unobtanium Horn's Avatar
    Join Date
    Apr 2010
    Location
    Out
    Posts
    25,647
    Thanks
    1,552
    Thanked 2,866 Times in 2,349 Posts

    Re: Are we in a deflationary collapse right now?

    Attachment 4696

    Thank goodness for positive Bitcoin drones.

  4. #13
    Iridium mamboni's Avatar
    Join Date
    Apr 2010
    Posts
    9,362
    Thanks
    2,180
    Thanked 6,204 Times in 2,630 Posts

    Re: Are we in a deflationary collapse right now?

    Common sense says that cash is king. And paper cash is better than digital cash. But I don't think you should go 100% cash. There is always a risk of a currency devaluation or default - an entire issue is cancelled or devalued. While I don't think that is likely for the dollar, I still think that after providing for healthy cash flow and a minimum of 6-12 months expenses in cash you should diversify into the 4Gs, just in case TSHTF: guns, gold (& silver), grub and guns.

    Uberkitty's chart says it all: we have hit maximum potential/rate of credit expansion and the Central Banks are printing furiously to prevent a free-fall collapse of credit. It seems inevitable that they will eventually fail and the bottom falls out (deflation). Alternatively, the Central Bankers could call an emergency meeting and announce a massive coordinated QE to double the monetary base a la Japan (inflation). The problem is that the latter is like monetary Chinese food - after a while you're hungry for more credit money. In the end, it looks like deflation is inescapable. Anyone disagree?
    Tricks and treachery are the practice of fools, that don't have brains enough to be honest. -Benjamin Franklin
    Sincerity makes the very least person to be of more value than the most talented hypocrite. -Charles Spurgeon

  5. #14
    Unobtanium gunDriller's Avatar
    Join Date
    Apr 2010
    Posts
    11,592
    Thanks
    5,778
    Thanked 2,058 Times in 1,395 Posts

    Re: Are we in a deflationary collapse right now?

    if there's only W in the Vault

    we must Default.


    W being the chemical symbol for Tungsten.


    and when they do default, it will be called "Something Something Something Reform".
    Retired Director Morris Waxler says the FDA did not do their job for 15 years - and is not now.

    HelpStopLASIK.com

  6. The Following User Says Thank You to gunDriller For This Useful Post:

    midnight rambler (13th April 2013)

  7. #15
    Unobtanium
    Join Date
    Apr 2010
    Posts
    12,556
    Thanks
    2,628
    Thanked 3,181 Times in 2,248 Posts

    Re: Are we in a deflationary collapse right now?

    Quote Originally Posted by mamboni View Post
    Common sense says that cash is king. And paper cash is better than digital cash. But I don't think you should go 100% cash. There is always a risk of a currency devaluation or default - an entire issue is cancelled or devalued. While I don't think that is likely for the dollar, I still think that after providing for healthy cash flow and a minimum of 6-12 months expenses in cash you should diversify into the 4Gs, just in case TSHTF: guns, gold (& silver), grub and guns.

    Uberkitty's chart says it all: we have hit maximum potential/rate of credit expansion and the Central Banks are printing furiously to prevent a free-fall collapse of credit. It seems inevitable that they will eventually fail and the bottom falls out (deflation). Alternatively, the Central Bankers could call an emergency meeting and announce a massive coordinated QE to double the monetary base a la Japan (inflation). The problem is that the latter is like monetary Chinese food - after a while you're hungry for more credit money. In the end, it looks like deflation is inescapable. Anyone disagree?
    No. And the end of a currency can be a haircut of up to 100% but no matter how much, there will be a haircut. If a new currency, new dollar comes in it's place any exchange new for old, will be in the bankers favour.
    Great minds discuss Ideas, Average minds discuss Events, Small minds discuss People. E.R.

    Anytime I'm in doubt I go outside and give it a little shake.
    Liberty Tree.


  8. #16
    Iridium Jewboo's Avatar
    Join Date
    Feb 2013
    Posts
    9,985
    Thanks
    5,777
    Thanked 7,912 Times in 4,284 Posts

    Re: Are we in a deflationary collapse right now?

    Quote Originally Posted by mamboni View Post

    I still think that after providing for healthy cash flow and a minimum of 6-12 months expenses in cash you should diversify into the 4Gs, just in case TSHTF: guns, gold (& silver), grub and guns...Anyone disagree?
    I never bought into the silver thingie, but I did buy my AGEs at $560. Today, my 4 would be grub, ammo, guns, then maybe more ammo.

  9. #17
    .999 Unobtanium Horn's Avatar
    Join Date
    Apr 2010
    Location
    Out
    Posts
    25,647
    Thanks
    1,552
    Thanked 2,866 Times in 2,349 Posts

    Re: Are we in a deflationary collapse right now?

    Quote Originally Posted by Jewboo View Post
    I never bought into the silver thingie, but I did buy my AGEs at $560.
    Nobody would've expected anything more from a statist...

  10. #18
    Iridium mamboni's Avatar
    Join Date
    Apr 2010
    Posts
    9,362
    Thanks
    2,180
    Thanked 6,204 Times in 2,630 Posts

    Re: Are we in a deflationary collapse right now?

    Quote Originally Posted by Glass View Post
    No. And the end of a currency can be a haircut of up to 100% but no matter how much, there will be a haircut. If a new currency, new dollar comes in it's place any exchange new for old, will be in the bankers favour.

    In a deflation, two groups are wiped out: superrich and debtors. Virtually all super rich (billionaires) operate on leverage and credit. If the music stops, they fall out of the economic stratosphere to hard reality. Debtors, the poor and the struggling middle class on rotating credit, get trapped in unpayable debt. At best, the debt is cancelled and they go to zero. Who wins: people with net positive worth in cash and hard assets, assuming the cash isn't siezed (bank holiday) or devalued/cancelled (currency collapse). In short, the frugal, hardworking, live-within-their-means productive middle class and a few old money goldbugs/landowners are the winners in a deflationary collapse. This has got to be a huge conundrum for the banksters because such an outcome is totally unacceptable. Yet deflation, like a black hole's pull, seems inescapable and inevitable.

    What to do? What to do?
    Tricks and treachery are the practice of fools, that don't have brains enough to be honest. -Benjamin Franklin
    Sincerity makes the very least person to be of more value than the most talented hypocrite. -Charles Spurgeon

  11. #19
    Iridium Spectrism's Avatar
    Join Date
    Apr 2010
    Posts
    7,799
    Thanks
    587
    Thanked 2,293 Times in 1,395 Posts

    Re: Are we in a deflationary collapse right now?

    Quote Originally Posted by old steel View Post
    It could always be worse.


    That blast was a nice cap to those morons yelling incessantly allah akbar. All their videos have those idiots screaming it as if it will do them some good. Wait till they find out allah is Satan ramming a pitchfork up their asses.

    ed= I just went frame by frame.... you could see the back guy get his face blown off!
    ...and there is a part 2 showing the poor sucker on his last beats. War is hell.


    Deflation? Well... the only printing is to support government spending. Remember the "stimulus" checks Obongo experts sent out a few years ago? Where are they now? Instead, trillions of dollars were wasted by Oboingo and Bushee on building an army against America and sending supplies to our enemies around the world. Our manufacturing is gone. Our technology advantage is gone. Our superior firepower is gone. And all we have left is a halfrican nigger illegal alien set up as the puppet prince of Amerika, changing this once great nation into a communist deathkamp.
    SPECTRISM time countdown2025

  12. #20
    .999 Unobtanium Horn's Avatar
    Join Date
    Apr 2010
    Location
    Out
    Posts
    25,647
    Thanks
    1,552
    Thanked 2,866 Times in 2,349 Posts

    Re: Are we in a deflationary collapse right now?



    Throw your thoughts back many years
    To the time when there was life with every morning
    Perhaps a day will come when the light will be as clear as on that morning

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •