I hear many forecasts these days. People wonder if we will have hyperinflation, whether the Empire will collapse, and so on. I cannot predict. There are too many variables and too many scenarios, and there is no theory that comprehends the totality of reality. The same thing happens in trying to forecast the stock market. I believe that making forecasts is a trap. There is one thing we can do, and that is pay attention to what is occurring NOW. We can analyze that, and that can help us understand where we may be going. That general method works better … Continue reading What lies ahead?