The Triple Curve
a Physio-economic singularity
"This curve represents 1966-1971, approximately, the zero point--...since that time, especially since 1971, the characteristic has been that the per-capita real component of US production and consumption has been in a phase of accelerating decline. During the same period, we've had a growth of the total financial aggregates.
"For example, today, that means that, compared with about $41 trillion-equivalent, in terms of official reports, of world gross domestic product, of all nations combined--$41 trillion --that in short-term alone, the total amount of financial aggregate today, in short-term obligations, is over $400 trillion--in other words, at least 10 times the amount of the total annual product of the world as a whole. And that does not include all debt."
The reality, which many people do not wish to see, is that the world financial system is in the midst of a hyperinflationary spiral, like that of Germany, 1923. (Coming soon-- "pop goes the bubble!") The above version of Lyndon LaRouche's Triple Curve was first presented at a conference in the Autumn of 1995.
This is the same curve as above, but now look at the area of the same curve at a critical point, the point at which the rate of monetary expansion rises more rapidly than the rate of financial expansion.
That is the condition into which Germany had entered over the interval March-October 1923.
It is the phase at which the rate of hyperinflationary spiral of financial assets, itself fed by wild-eyed monetary expansion, erupts as an accelerating form of hyperinflationof commodity prices. We see this now with oil and natural gas prices, for example.