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S W
Member since May 2012
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>Hyperinflation or Hyperdeflation?  - Antal E. Fekete - Gold University
Hyperdeflation is good if you own bullion because you can swap it for assets which are now hyper- cheap !

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Beginning of the headline :The reason why QTM fails is that money is not one-dimensional. It is in fact two-dimensional. Quantity is one, and the velocity of circulation is the other dimension. Central banks control the former, and the market firmly controls the latter. As long as fair weather lasts, velocity may be ignored. But as soon as the weather grows foul, velocity returns with a vengeance. If it increases, we talk about inflation. If it decreases, we talk about deflation. In the extreme... Read More
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