John T. Reed’s hyperinflation/deflation blog

February 19th, 2011 by John T. Reed Copyright 2011 by John T. Reed Alberto Cavallo is an MIT economist. He created a price search engine that gathers daily prices of 5 million products sold on the Internet. He calls it his Billion Prices Project. He is from Argentina. They know hyperinflation. Cavallo is from Argentina where his father worked for the Argentinian government on taming that country's hyperinflation. He understands that governments deliberately change the calculations to make the inflation rate look lower than it really is. Yet he says he is trying to work with the U.S. government so...

Copyright John T. Reed 2014In 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 take control of the Senate and keep control of the House in...

The horrible five stages of a US hyperinflation crisis today.You have been warned more about the coming hyperinflation than you were warned about any other financial crisis, yet hardly anyone is taking the protective steps that will be illegal after the day the dollar dies..How I got over fear of buying my first duplex..Kamala will empy store shelves if the wins by forcing stores to sell everything at a loss..Kamala price controls will empty the store shelve Why Kamala cannot get rid of obstacles to lower home prices. No one can predict the future but most financial ‘experts’ implicitly base...

Copyright 2013 John T. Reed I am investigating whether I should change my foreign currency advice from “put your rainy-day savings into selected foreign currencies in foreign banks outside of the U.S.” to “put your routine bill-paying cash there as well.” The idea would be that you can get U.S. dollar accounts in overseas banks. I have one at the Bank of Montreal (BMO) in Vancouver Canada. The reason I have it is to deposit US dollars there then immediately transfer them into my CAD savings account. My banker there, James Curran, tells me this is the lowest currency conversion...

Copyright 2012 by John T. Reed The 101/22/12 Wall Street Journal had an article written by a 70-year-old woman who, with her husband, lives overseas in various countries for 30- to 90-day periods. Their monthly expenses, not counting transportation to the countries in question are $1,000 to $4,000 less than their former cost of living in California as homeowners. What’s the trick? 1. They used to live in California which is expensive. 2. They traded a 2,500-square-foot house for 500-square-foot furnished apartments. 3. They sprinkle cheap countries in among the Paris and London stays. 4. They love doing this. Many...