DollarCollapse.com is managed by John Rubino, co-author, with GoldMoney’s James Turk, of The Money Bubble (DollarCollapse Press, 2014) and The Collapse of the Dollar and How to Profit From It (Doubleday, 2007), and author of Clean Money: Picking Winners in the Green-Tech Boom (Wiley, 2008), How to Profit from the Coming Real Estate Bust (Rodale, 2003) and Main Street, Not Wall Street (Morrow, 1998). After earning a Finance MBA from New York University, he spent the 1980s on Wall Street, as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990s he was a featured columnist with TheStreet.com and a frequent contributor to Individual Investor, Online Investor, Consumers Digest, and CFA Magazine.
In the Jimmy Carter years of financial crisis, we raised interest rates to 16% to stop inflation. We hadn’t borrowed much money then.
Now, with extensive borrowing and adjustable rate loans, we can’t raise interest rates now to stop inflation because so many bankruptcies would follow. Debt-driven inflation.
Now, it’s not oil, it’s energy. Can buy gas but might not be able to heat the house. No good answers. Costs go up because inflation spikes.
How to protect your money? Gold and silver head the list.
How will crypto behave?
Is another Big Short coming up?
Concern now should be return of asset, not return on asset.
Is this the Big One? Are the crashaholics right, will the crash be too big to be fixed?
Why will it be different in different parts of the world? Possible geopolitical turmoil along with economic crisis.
Fedcoins mean they can have total control over us.
You can make money through this.
Will this be a winter of discontent? A battle between vaxxers and unvaxxed?
Will there be a secession?
Sheriffs in Texas are hiring militias to stop aliens coming across the border.
Is the answer to not vote in 2024?