I am a big fan of podcasts. I commute probably 90 minutes a day, so i like to zone out and listen to spoken audio on the subway. Mostly I listen to paranormal themed shows, but I increasinly download shows that are more economically oriented.
This post is about two specific episodes on two podcasts that I like that deal with the day-to-day experience of hyperinflation. I can imagine both deflationary and inflationarynscenarios in our near future, so it may be useful to know what each scenario looks like to think about how to position yourself ahead of the game.
So the first podcast is Chris Martenson’s Peak Prosperity podcast. I listen to this show whenever it comes out, which is fairly regularly. This particular episode deals with the hyperinflation that happened in Argentina a decade ago, as well as the currency collapse that is currently going on. Its definately worth the 90 minutes or so of the show. http://www.peakprosperity.com/podcast/84705/ferfal-heres-what-looks-when-your-countrys-economy-collapses
The other episode is from this American Life. It deals with the hyperinflation of Brazil, what it looked like, and how that country eventually got things settled down. They also talk about the Fed in the wake of the 2008 financial crisis. This episode was in 2011, so their thoughts on Dr. Bernanke may change a bit before the decade is out.
Both shows are definately worth the download and time to listen while on the way to work, cleaning house,or whatever, so I hope you can check them out.
Don’t forget, there is also the chance for deflation. I don’t recall any podcasts that deal with a persistant period of falling prices, other than stock market corrections/crashes and technology advances, but in a situation where capital is destroyed it will be on the mind of more than a few people.