One of Mish’s more recent posts (one of many) questioning inflation and showing evidence for deflation
I mentioned Eloi and Morlocks without much explanation.
And here is the Peter Schiff appearance on Kudlow and Co. that made me think of the analogy with the H. G. Wells scenario. Of course, Schiff’s opponents were accounting for factors that Schiff seems to have underestimated (how will foreign markets do when America’s economy crashes). But Schiff saw what was coming and analyzed the con job that America’s government/banker combine has pulled on the rest of the world via a fiat reserve currency.
One minor explanation on many things that I may not have spelled out well enough: “the boy who cried wolf” is not a direct reference to Schiff or North or any other one person, but to the “economy is about to crash” publishing/newsletter industry as a whole. As far as I know, Schiff’s wolf-detector has never been premature.