Economics and Investing:

Reader Ken M. mentioned that the full text of the book When Money Dies: The Nightmare of the Weimar Collapse is available at the Ludwig Von Mises Institute web site.

Frequent content contributor KAF suggested a piece at the Fuelishness blog: Oil Prices Continue to Spike Despite Massive Surplus – Outpacing Economic Recovery

Items from The Economatrix:

Illinois Bank of Lincolnwood Fails, 37th For Year, 6th in State

Dr. Gary North: Stock Market Investors Mindset of Guaranteed Economic Destruction

“And when things turn out much worse than even most newsletter writers are forecasting, you will be hated. Are you prepared for this?
Do you have a real plan to deal with what is obviously an unfolding disaster: rising government ownership, massive deficits, rising unemployment, falling house prices, busted retirement pensions, rising interest rates (falling corporate bonds), and Federal Reserve inflation on a scale never seen in American history?
Or do you think you can delay. “No problem!”

Either Stocks Will Fall 37% or Gold Will Rally 60%

No US Bear Market Bottom Until 2011

US Housing Mortgage Market Meltdown, More Pain to Come

The Great Crash Not Over, Stocks Bear Market Rally Built On Sand

Stock Market Rally: Focusing on the Facts


Crude Oil Imminent Trend Reversal


Ending of Deflation Fears, Big Inflation Coming
“In fact, per the US government’s own GDP data, since early 2006 the US economy has only grown 11.0%, a far cry from the 40.4% the Fed has grown MZM over this span. And since early 2008, GDP is actually dead flat at 0.4% while MZM money has soared 16.8%. In both cases the excesses are pure inflation, new dollars created out of thin air that are now chasing a relatively smaller pool of things. Higher general prices are the inevitable result. And boy, if you exist you know this! Over the past several years, have your costs of living risen or fallen? Is your food at grocery stores and restaurants getting cheaper or more expensive? Are your utilities bills and insurance costs rising or falling? Do you feel like you have more disposable income after necessary expenses or less? We all see this relentless and very real inflation no matter what the government statisticians try to tell us. The nominal cost for existence just keeps rising and rising thanks to the Fed.”

This Stock Market is a Fool’s Paradise