Page 8 - Hyper Inflation News Today

Hyper-inflation in iran, and were seeing it on the streets in terms of peoples frustrations with that ideological regime. two-thirds of the people in iran want a democracy and we need to do more social media into iran. the persian community around the world needs to broadcast in and continue that dialogue with the next generation of young irans. maria: of course were also see ing an impact on russias economy as well mr. chairman good to see you this morning thanks so much. >> thank you, maria. m...

Purse. it means they can never face bills they cant pay. the financial constraint isnt the relevant constraint. the relevant constraint is inflation. its do we have the real resources in the u.s. economy, the people and raw materials and machines and factories to do as much as wed like to do. >> but isnt the problem if you print all of this money, you produce inflation because the expectations of everybody changes. this is what happened in germany in the 1920s which led to hyper inflation, this ...

Now? >> heres the thing. we listened to inflation before. we lived in hyper inflation. what did you pay on a mortgage 20 years ago? its not what youre paying now. so once people get this into their brains and more importantly traders reset their portfolios to reflect those changed assumptions, we might see more calm. on the other hand, if you think this is over yet, maybe not. i think youve got to keep an eye on this. at the end of the day, we could see more volatility. >> shepard: did you see t...

Talking to the smooth talking guy. it does president -- it doesnt seem right. >> i think maybe it is our turn to be a third world country where fear and anger cause us to be lead by an insecure bully. >> and he is entertaining. very entertaining. >> hyper inflation. >> am i the only one who likes trump? >> shillue will get away without saying i dont like hitler. >> are they like nazis. >> ouch. ouch. >> i dont think anybody likes hitler. >> you should see how many i get. >> you will get a lot mo...

>> what about inside russia, matt? youve been there many times and interviewed so many of the other people who are now either in prison or threatened or been silenced somehow. hes -- putin is playing as dan suggests, the nationalism card. your economy shrinks by 5% and purchasing power is cut in half. it has to have political consequences. >> two themes in russian history, the stable strong handed czar and other is timeless chaos. basically they have not changed fundamentally economically. this ...

This idea were going to run out. theres a real constraint. lets talk about $10 trillion coin. >> you cut her by 90%. >> so if we put that, obviously as stephanie put that out if we put it in the bank account theres no hyper inflation. where you would get a constraint the the government said lets spend $10 trillion on infrastructure projects. you have a real problem. theres not $10 trillion of real resources in the economy. you push this in the economy and get inflation and wages would surge, pri...

Governments ability with the reserve currency in the world, what is the constraint on our ability to just print money? that i think really gets the heart of the question were talking about. >> so i think, you know, this week was the 100th birthday of richard nixon. richard nixon was the president who finally ultimately killed the gold standards. what hasnt died is the gold standard mentality that money is this commodity we can use up if we dont. that is a false constraint. there is a real constr...

Dont drive interest rates up and then begin the very healthy debate. that makes sense to me. let me challenge you on one or two things. speakers speech wasnt yours. i dont want to hang that around your neck. he did say some things in there that are problematic to me as a matter of raw economics. he said government spending now is crowding out private sector investment. crowding out is a theory of when the government does things and drives interest rates up, the private sector cant borrow. thats ...

You and i can see inflation, touch it, bacon up 16 percent. beef, 12 percent. coffee, 4 percent, and all fresh vegetables, ten percent. gains in prices just in the past year. that is inflation. come on. >> absolutely. and the price of cotton doubling, everything we wear will go up. and the scary thing, a lot of the manufacturers and food producers have in the passed along the increases. they will have to pass them along to you and i, and we have seen it a little bit but not to the extend that it...

Worried, and we are up 85 points or close on the big board, they do not seem too perplexed. >>guest: the inflation that bernanke ignores, is that big cloud that hangs over the market, in my mind. without that, things look good. the economy is still strong in america. but --. >>neil: that has not --. >>guest: people are ignoring it. everything will cost more, so that is less money for other products and it will but the a damper on this economy and could take the bull market and stop it immediatel...