This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

When Prices Make No Sense

Meanwhile, in the real world, the percentage of employed Americans continues to relentlessly decline while retail sales in this "consumer economy" are collapsing.

The economy of the world's great energy glutton is so anemic that the U.S. is now a net energy exporter due to plummeting demand within its own economy.

If those reality checks are not enough to rouse Americans from their propaganda-induced stupor, perhaps one final question will accomplish this: How could a "four-year recovery" take the U.S. directly to an economic cliff?

By definition, any "recovery" should be taking the U.S. economy away from any kind of economic cliff since any honest characterization of an "economic recovery" directly and necessarily implies that the economy is healing.

The "fiscal cliff" the media is trumpeting with as much hysteria as they can muster is proof there never was any U.S. economic recovery.

Prudent readers must confront two, ugly truths. They will not recognize even the most cataclysmic economic changes as they are approaching and very likely not even grasp events as they are happening.

Second, the vast majority of readers have been thoroughly deceived by the endless choruses of "don't worry, be happy" emanating from the U.S. propaganda machine.

To these difficulties we can add one more: a world of fantasy prices. There are several dynamics at play here. One of these dynamics is another lesson from the Weimar hyperinflation.

There was lag time between the money printing that produced hyperinflation and the actual hyperinflationary surge in prices that took place. Put another way, the banksters of that era were also adept at manipulating markets. Or, while the German government and its bankers could delay the hyperinflation they were brewing, they were powerless to prevent it.

The combination of manipulation and the panic that results from any collapsing market leads to another dynamic: the "dead-cat bounce" where even worthless assets can temporarily rise in value, but only because the previous rate of collapse was temporarily excessive.

As our crippled financial system nears the point of collapse and hyperinflation looms, yet another dynamic is part of the inherent definition of hyperinflation itself.

2 of 4

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs