History Rhymes. That’s because virtually everything that happens on Earth runs in cycles—our climate, the markets, political systems, societies, wars, financial ups-and-downs, etc. Our ancestors have known this for centuries. Knowing how these cycles work can keep you safe during downturns and provide you great wealth during the upswings. For example, you’ll know when to rent and when to buy. We’re currently at the end of a major business cycle. This site has been developed to provide core information about how cycles work and how you can use them to your benefit.
We’re headed for a long period of spiralling deflation …
Inflation, according to Ludwig von Mises, is an increase in the money supply that is not offset by an increase in the need for money. It causes the value of money to decrease, which causes price increases for goods and services. [continue reading…]