How to grow your wealth during the coming collapse?

46 THE BiG DROP is temporary and the central banks “have it under control.” Stage three is when inflation begins to run away and ...

THE THREAT OF INFLATION 47 advanced country such as Germany, but long ago. Perhaps you think of grainy, black-and-white photos f ...

48 THE BiG DROP or the turnover of money. If central banks print money and that money is left in banks and not used by consumers ...

THE THREAT OF INFLATION 49 for investors to understand because much of the damage to your wealth actually occurs at the inflatio ...

50 THE BiG DROP Americans. That change is not easy to cause, but once it hap- pens, it is not easy to reverse, either. If inflat ...

THE THREAT OF INFLATION 51 This is just another game — another shadow play providing a backdoor way of financing the FDIC premiu ...

52 THE BiG DROP tions or a change in behavior. That can happen very quickly, and that’s why inflation is so dangerous. It might ...

THE THREAT OF INFLATION 53 Second, once you change behavior it’s very hard to change it back again. Right now, the Fed says, “We ...

54 THE BiG DROP Banks don’t need reserves to lend. They’ll make the loan and then go get the reserves. The fact that the Federal ...

THE THREAT OF INFLATION 55 are surprised to hear that, but it’s true. Conversely, almost everybody who’s working pays the payrol ...

56 THE BiG DROP Nine percent inflation will cut the value of the dollar in half in about eight years. Eight years is not a long ...

THE THREAT OF INFLATION 57 Of course, by 5:00 p.m. the price had probably doubled since lunchtime. The point, however, is if you ...

58 THE BiG DROP ■ Getting the Timing Right There are a lot of analysts who, since 2008, have been are say- ing, “The next crisis ...

THE THREAT OF INFLATION 59 but in real terms, it’s becoming more valuable every day. The third thing cash offers you is optional ...

60 THE BiG DROP plained, the exchange rate between the German paper currency, the reichsmark, and the dollar went from 208 to 1 ...

THE THREAT OF INFLATION 61 which means Inflation King. When the dust settled and Germany returned to a new gold-backed currency, ...

62 THE BiG DROP assets and prestige to stay informed on behind-the-scenes devel- opments on the political landscape. Buffett is ...

CHAPTER 4 The Threat of Deflation ■ A Central Banker’s Worst Nightmare From a mathematical perspective, inflation and deflation ...

64 THE BiG DROP inflation is, central banks can always tame it with more rate increases. The classic case is Paul Volcker in 198 ...

THE THREAT OF DEFLATION 65 been happening in Japan for decades. When the debt-to-GDP ratio gets too high, a sovereign debt crisi ...