Out of Control

In this article I suggest hyperinflation is the only likely outcome of the current economic situation over which central banks have no control.

I think it is a fallacy to believe central banks are in control of financial markets, or that there can be any outcome to the current situation other than hyperinflation.  If we set aside for a moment the psychological need to believe someone is in control lets us take a look what is in fact some very simple logic.  If the logic stands up it relieves the need to analyse much of the current information overload and helps us make better current and future financial decisions.

Continue reading here.