3 ms·

LOL. I grew up in USSR, and you are 100% wrong. Since 1922 ruble lost its denomination 6 times. The total loss of valuation is 1 to 5 quadrillion. That's not

LOL. I grew up in USSR, and you are 100% wrong. Since 1922 ruble lost its denomination 6 times. The total loss of valuation is 1 to 5 quadrillion. That's not even counting the inflation since 1998, which is is another 1:5 loss, though that's not due to socialism. https://ru.wikipedia.org/wiki/Деноминация_(экономика)#В_СССР_и_России https://ru.wikipedia.org/wiki/Деноминация_(экономика)#В_СССР... (EDIT: fixed the typo 1992 -> 1922)

Arnt 8y ago
What was the inflation rate from 192x to 1989? I mean, the inflation was terrible from 1917 to 1924. Clear hyperinflation. But it's not fair to blame the communists for that. Starting around 1922 it's fair to blame them for much of it, because by that time the Communists were in almost full control. But that's roughly when the hyperinflation ended.
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