I think ‘Kondratiev Cycles’ is the theory you’re referring to
The Kondratiev Winter phase of the cycle predicts inflation in commodities and collapse of asset values
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check out this snippet of a letter sent to George Ure, the editor of urbansurvival.com:
“George,
With the interest rate cuts Tuesday the FED has now done 5 actions in ONE week!! UNPRECEDENTED in my memory (which unfortunately is longer than I wish it was)
Tues 3/11: Helicopter drop of $200 Billion Dollars into the banking system Fri 3/14: Helicopter drop of unknown amount of $$ into Bears Stearns via Chase Bank Sun 3/16: Helicopter drop of additional $30 Billion Dollars into Bears Stearns via Chase Bank Sun 3/16: 1/4 point rate cut Tues 3/18: 3/4 point rate cut… ”
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Anyone watching Bear Sterns stock price?
close thurs $57
close fri $30
trading range so far this week $2.84 to $8.50
I bet the Bear Sterns employees, who hold 30% of the company’s stock, could tell you something about deflation this week
