tune the war drums, o-buh-mamba
[bear in mind my standard caveat on predictions (ex post facto cherry-picking syndrome).]
fall 2007 i wrote,
i think there will be a mini-crumble within 3 years, leading to the rampway toward hyperinflation by 2025. won’t it be fun if the dollar goes even farther into the toilet under president ron paul? oh, but that would be impossible.what’s needed is a bold, violent invasion of some other country.
with history as a clue, i fear an insane new war as the skin whore narcissist’s castle collapses around his earthshakingly stupid and psycho ass.
i believe that growing predictions of nearby exceptional price inflation are correct. while this is taken as a given by sensible (non-lamestream) economics theory, the timeline is often disregarded, despite that being the fascinating part. the goonited states dollar value is illusory in the short horizon, and closer to objective in the far. i don’t understand the dynamic of counterfeiting and how masses sense currency debasement, but it seems to be reliable. trends are looking damned sour for the dollar, and i predict its death by 2020 at the latest — ten years.
dunno about hyperinflation, but i think something close to that will begin spinning soon, domino style. the state’s usual reaction to exposure of its heart: war. remember, “war saved america from the great depression”. or was it FDR the bumbler maniac, stepping on his and everyone else’s dick for over ten years? hard to keep the dogma straight, especially with robert higgs around.