Dr M Khalid's global village blog

One of the root causes of hyperinflation is the rapid expansion of the money supply . 39 countries have faced it in the past. See:  http://en.wikipedia.org/wiki/Hyperinflation  The government doubled the money supply overnight by simply printing money out of thin air, taking us from $800 billion in mid-2008 to $1.7 trillion by December 2008. And now in 2011 we're at $2.5 trillion. Inflation usually lags monetary increases by about 2-3 years. We are sitting right at 2.5 years from the doubling of the money supply. There have been 30 cases of hyperinflation in the last 100 years - In Germany's Weimar Republic in the early 1920s and most recently in the Zimbabwe in 2008. A lifetime of saving was wiped out overnight. That's why it's so important to have food storage. Many economists predict hyperinflation by 2015, and some say as early as 2012. It's unpredictable but everyone agrees it's inevitable. Increased inflation is already showing its ugly h...

 Austrian School of economics. Theorists of the "Austrian School" who wrote about the Depression include Austrian economist Friedrich Hayek and American economist Murray Rothbard, who wrote America's Great Depression (1963). In their view and like the monetarists, the Federal Reserve, which was created in 1913, shoulders much of the blame; but in opposition to the monetarists, they argue that the key cause of the Depression was the expansion of the money supply in the 1920s that led to an unsustainable credit-driven boom. Ref: http://www.ukessays.com/essays/history/causes-and-economic-indicators-of-the-great-depression-history-essay.php http://en.wikipedia.org/wiki/Great_Depression

Walmart CEO Warns Hyperinflation http://www.youtube.com/watch?v=Vd0QvpdJD6Y&feature=g-vrec&context=G2b00bbbRVAAAAAAAABA What is hyperinflation and which countries have seen it? http://www.youtube.com/watch?v=AC_kjcuHpZw To undertand in a very brief and simple way what caused gold and food prices to go up so much recently watch these two videos: http://www.youtube.com/watch?v=hx16a72j__8 http://www.youtube.com/watch?v=oAR0VRLRGHE ----- If you wish to gain more logical insight: http://drkhalid.blogspot.com/2012/08/why-respected-economists-say-gold-has.html

The U.S. dollar has enjoyed a rally since the middle of last year, partly as a result of the debt crisis erupting in Europe, taking the problems of the dollar out of the headlines. However, there are good reasons to believe that this rally is soon coming to an end as the dollar is back under attack again. First, Iran and India announced that they will start trading crude oil using gold instead of dollars. Then shortly after the Fed announced that it is going to keep interest rates low until 2014. The announcement of the Iranian and Indian oil for gold exchange was a direct response to the sanctions put on by the United States and the European Union. The official line has been that Tehran must be punished for its ambitions to develop a nuclear weapon. This punishment has been in the form of sanctions against Iran's oil exports, and now further sanctions against its central bank. These sanctions are nothing short of financial warfare. This latest sanction against Iran's central b...