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Recent Posts

Andy Hoffman- The Deflation Myth

Ranting Andy discusses (1) The silver raid (2) The deflation propaganda via the MSM (3) How the Eurozone will collapse Check my work at Altinvestors.com Disclaimer: When investing, please do your own due diligence. I am not advocating anybody to invest in anything. That is your decision. I am not offering any investment advice. This video is solely for educational [...]

The dangers of deflation, or why Ron Paul and the Austrians are wrong

Long story short: Though a desire for deflation, and a fear of inflation, may have some plausibility at face value, when examined from the perspective of the economy as a whole (and I scarcely doubt that anyone thinks this isn’t what policymakers should be concerned most about), a categorical fear of inflation, and a desire for deflation, aka “a strong dollar,” is entirely wrong-headed. Austrians, including Peter Schiff and Robert P. Murphy, have fallen for this intuitive trap. A sudden drop in prices in the economy will cause sudden, needless unemployment and an idling of scarce resources which have alternative [...]