The greatest trick the government ever pulled was convincing the world that inflation was a good thing. Over the course of history, dozens of once-prosperous nations have collapsed under the pressure ...
Professor Liping He from Beijing Normal University has produced a most comprehensive and useful scholarly treatment of world hyperinflation. It is hot off the press. This is a welcomed addition to the ...
In November 1923, there were 4,210,500,000,000 German marks to the dollar. 4.2 trillion. In lay economics, 1 : 4.2 trillion equals worthless. Such a ruinous currency devaluation exacts steep psychic ...
One of the most promising use cases for cryptocurrency is its potential to help people all over the world transfer money without the hassle and attendant costs of dealing with remittence policies, ...
Twitter founder Jack Dorsey has issued a cryptic warning that "hyperinflation" will "change everything." In typical Dorsey style, the social media CEO tweeted out his comment, saying that "it will ...
Hyperinflation is just what it sounds like – a rapid, uncontrolled, very high increase in the inflation rate of a country, explains the Corporate Finance Institute. Hyperinflation can occur for a ...
Many mistake hyperinflation as a sign of better than good times; after all, if inflation happens in a booming economy, then hyperinflation must mean that the country is doing really well. That ...
A stabilised digital coin could be used as a tool to help mitigate the effects of hyperinflation on individuals' asset value. Ido believes that the hyperinflation being induced by central banks will ...
The word “hyperinflation” is sprinkled throughout the press each day. We read that Iran is hyperinflating. The same is written about Zimbabwe and Venezuela, as well as a potpourri of other countries ...
Twitter and Square CEO Jack Dorsey recently issued a dire economic prediction, complete with a frightening phrase: hyperinflation. "Hyperinflation is going to change everything. It's happening," ...
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