With the printing presses working overtime, government debt sky-rocketing and the US dollar getting debased, are we heading for an era of hyperinflation? Ron Paul, Peter Schiff, Jim Rogers, Tom Woods and Gerald Celente have strong ideas about this, as reported in the three-part “Hyperinflation Nation” video.

Part 1:

Part 2:

Part 3:

Source: YouTube, June 28, 2009.

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Highlights include D.R. Horton, Inc. (DHI), Whirlpool Corp. (WHR) and Fortune Brands, Inc. (FO).A recent academic paper by Atif Mian and Amir Sufi, both of the University of Chicago and the NBER, took a very close look at the effect of mortgage equity withdrawal on the overall economy during the housing bubble. "Mortgage equity withdrawal" is the more technical name for the housing ATM.It was very actively pushed by the banks during the housing bubble, with ads showing money hidden in people's houses that they were not taking advantage of. I knew it was significant, but this paper indicates that it was even more important than I thought it was. Here is an abstract from the paper:"Using individual-level data on homeowner debt and defaults from 1997 to 2008, we show that borrowing against the increase in home equity by ...