Weekend reading: money and markets
My presentation in Minneapolis was very well received. I sense a growing appreciation out there for messages about resource overshoot and a future of diminishing energy supplies, and it’s giving me just a tiny bit of optimism.
Here’s a short article that I had to recommend to my list on the future of the markets and how we must be prepared to see both wild deflationary and hyperinflationary cycles. Excellent stuff.
Is Volatility Embedded in the System for a Generation?
On a related note, check out this chart of money supply. If you really grok what this means, it sorta tells the whole story right there:
Source: http://www.shadowstats.com/
Here’s another excellent article on the future of global trade and commodity prices: The world isn’t flat, it’s flattened
And finally, a bit of up-to-date political humor: Wassup 2008
Here’s hoping that we can wake up on November 5 to a new day in America, after a clean and uncontested election, with Obama at the helm. We have a lot of work to do…
–C