My 2012 Predictions: Pump Priming and Stagflation

My 2012 Predictions: Pump Priming and Stagflation

I wish you all a happy, healthy and prosperous new year. Some thoughts…


We are not facing a crisis of capitalism; we are looking towards a new, cleaner, fairer capitalism! It will not impair the successful but will, once again, enable the Americandream; hard work and attention to the job at hand can lead to success. The people are demanding and will demand this opportunity. No force will stop it!

2012 will bring: 

Pump priming in the early months motivated by Obama’s will to win an election. The pump will not be primed sufficiently to turn the economy yet as the resistance to changeis still powerful, though waning.

The modest prime will release real inflation with no, or little, growth — “Stagflation.” Interest rates will climb to the inflation rate which may reach 6-8% by year end. Though government will wish to control interest rates, the risk of massive inflation will inhibit the probability of success.

There will certainly be Sovereign and banking defaults in 2012, all of which will aid in the cleansing of the world economic cloud and provide part of the foundation for future economic growth and a changed (for the better) brand of capitalism.

We face a year of more transition, a changed economic world, some pain but, ultimately, a world emerging from the black clouds of Recession.

Here is a recent interview I did with Chuck Willbanks for The Deal

Massive 'Darth Vader' isopod found lurking in the Indian Ocean

The father of all giant sea bugs was recently discovered off the coast of Java.

A close up of Bathynomus raksasa

SJADE 2018
Surprising Science
  • A new species of isopod with a resemblance to a certain Sith lord was just discovered.
  • It is the first known giant isopod from the Indian Ocean.
  • The finding extends the list of giant isopods even further.
Keep reading Show less

Is it ethical to pay people to get vaccinated?

It could lead to a massive uptake in those previously hesitant.

Ian Forsyth/Getty Images
Coronavirus

A financial shot in the arm could be just what is needed for Americans unsure about vaccination.

Keep reading Show less

Every 27.5 million years, the Earth’s heart beats catastrophically

Geologists discover a rhythm to major geologic events.

Credit: desertsolitaire/Adobe Stock
Surprising Science
  • It appears that Earth has a geologic "pulse," with clusters of major events occurring every 27.5 million years.
  • Working with the most accurate dating methods available, the authors of the study constructed a new history of the last 260 million years.
  • Exactly why these cycles occur remains unknown, but there are some interesting theories.
Keep reading Show less
Surprising Science

Galactic wind from early universe detected

Researchers discovered a galactic wind from a supermassive black hole that sheds light on the evolution of galaxies.

Quantcast