John T. Reed’s hyperinflation/deflation blog

Copyright John T. Reed 2015 China wants its currency the yuan to be one of the world’s reserve currency. They have been successful lately at getting bilateral agreements to get trading partners to pay for imports with yuan and accept yuan as payments for exports. Last year, they got the percentage of their international transactions done with yuan up to 25% of the total. . Who cares? For one thing, having to pay in US dollars (USD) and being forced to accept USD on international transactions forces them to pay a conversion fee to turn yuan into USD or USD...

You can avoid many U.S. regulations without leaving the U.S. Copyright John T. Reed 2014 In 2010, I researched and wrote my book How to Protect Your Life Savings from Hyperinflation & Depression. I re-researched it and came out with another, second edition in 2012. Much time is wasted nowadays on TV and elsewhere discussing the bad policies of the U.S. government and what the right policies are and the chances that the current rascals will be thrown out. Who cares? If the current rascals are thrown out they will be replaced by new rascals. For example, if the Republicans...

I wrote a book on monetary stability. It’s called How to Protect Your Life Savings from Hyperinflation & Depression. Because of that, a whole lot of people thought I would love bitcoin. That sort of went like this. What is it? A digital currency. All currencies are digital. Not like this. It’s anonymous. Cash is anonymous. But you can’t send cash digitally. True, but if bitcoin is anonymous whom do I sue if I buy some and don’t receive them? Would the lawsuit be John T. Reed, plaintiff versus Anonymous, defendant? How much you own is in computers all over...

Copyright 2013 by John T. ReedThe media and the kooks kind of went nuts over the Cyprus tax-on-insured-deposits trial balloon. Here are the basic facts. 1. Cyprus is two countries on a Mediterranean island. Part is Greek. Part is Turkish. There are peace-keeping troops between them.2. The Cyprus that had this problem is just the Greek one. Indeed, the trouble came from Cyprus (Greek section) banks lending money to Greek banks. The Greek banks did not pay the loans back so a couple of Cyprus (Greek section) bank went belly up.3. Cyprus (you know which one), which uses the euro...

Copyright 2012 by John T. ReedI am famous for not suffering fools gladly. Many have emailed links to my order info page because they thought it was very funny. It’s just rules for ordering my stuff and dealing with order problems. I guess it’s funny because I am not from the “Customer is always right” school of thought. Enjoy. I used to do one- and two-day seminars. I did not swear off them, but neither do I have any planned. Rules at my paid seminars I learned over the years that certain rules were necessary. One was I would not...