US -- The Coming Greater Depression

Published in the Industrial Economist Nov'2008

Why the current crisis in the US is going to be worse than the 1930's. As I have explained, the depression this time is going to be accompanied by Hyperinflation and the US is very likely to follow the route of the Weimar Republic over the next few years.

Also, the current strength in the dollar is a fleeting event unrelated to the fundamentals. The rationale is explained in the same magazine in the article The Last Gasp of a Waning Currency

Ron Paul, Bernanke, Central Bankers & Gold

Youtube Video of Ron Paul questioning Bernanke on Gold

A very astonishing testimony by Bernanke where he states that the Central Bankers have never discussed the Gold standard or an alternative to the US Dollar. Either Bernanke is telling an outright lie or the Central Bankers of the world are one deer-caught-in-the-headlights community. My guess is it's the former, but who knows. Our own Dr.Reddy is clueless about basics and thinks inflation is caused by growth and suggests price controls as a way to manage Inflation. & now ofcourse, Reddy is on the global panel that is studying the crisis to recommend solutions -- tell me more about asking a fox to guard the henhouse.