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> There was never an example of hyperinflation when economies operated a gold or silver standard. And the price revolution about 400 years ago? While this is no
by _nalply 8y ago
> There was never an example of hyperinflation when economies operated a gold or silver standard.
And the price revolution about 400 years ago? While this is not a hyperinflation, this introduced inflation to a world which didn't know it, and the cause was the influx of gold and silver from the New World to Spain and indirectly to the rest of Europe.
https://en.wikipedia.org/wiki/Price_revolution https://en.wikipedia.org/wiki/Price_revolution
My point is that even gold and silver could undergo inflation pressures and that it already happened.