In this week's Off The Cuff podcast, Chris and John Rubino discuss:
- When Does The System Break?
- When will (hyper)inflation become the greater risk?
- When Will The Central Banks Lose Control?
- Their intervention is becoming increasingly desperate
- Recession & Debt Exhaustion
- These are limits that can't be 'printed away' forever
- The Rise Of Authoritarianism
- More countries are giving the State more power
One of the most frequent questions we're asked here at Peak Prosperity is: When does all this blow up? When do the sins of the past — rampant debt/deificit spending, monetary meddling, cronyism, lies & propaganda, resource despoilage — catch up with us and force a day of reckoning?
Well, in this week's podcast, Chris and John Rubino bravely attempt to answer. Their conclusions aren't pretty; it's better we be forewarned of the risks than slam into them blindly:
The question really is: When does it break? Where does all this easy money blow up on us?
We know that the deflationary side of this can blow up quickly. In other words, stock and bond prices tanking at the same time, for instance. Or real estate collapsing somewhere and making stock prices collapse. That can give us a deflationary, huge recession, or even depression, very easily.
But we don't know where the “inflation spinning out of control” line is.
by cmartenson