fiscal deficits

What causes hyperinflations and why we have not seen one yet: A forensic examination of dead currencies

Tuesday, December 18th, 2012 by posted in Economics.
Dec 16 2012 3

Please, click here to read this article in pdf format: December 18 2012 As anticipated in my previous letter, today I want to discuss the topic of high or hyperinflation: What triggers it? Is there a common feature in hyperinflations that

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Anatomy of the End Game, Part 2: Variations on the problem

Sunday, December 2nd, 2012 by posted in Economics.
Nov 22 2012

Click here to read this article in pdf format: December 2 2012 The intention today was to do a revision of what I had expected in 2012, what happened and what I think will happen. However, we may have to put

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On currency swaps and why Gartman may be wrong in focusing on the adjusted monetary base

Sunday, October 14th, 2012 by posted in Economics.
Jacques Rueff

(republished from “A View from the Trenches“)   Please, click here to read this article in pdf format: October 14 2012 Today, we were supposed to follow up on our last topic (how to shift to a commodity-based standard, with a

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