3 ms·
The "hyperinflation episodes" graph is pretty misleading. That big clump in 1991 marks the collapse of the Soviet Union, and as much as he would have liked it,
by djur 6y ago
The "hyperinflation episodes" graph is pretty misleading. That big clump in 1991 marks the collapse of the Soviet Union, and as much as he would have liked it, I don't think you can credit Nixon's withdrawal from Bretton Woods as the cause of the fall of the USSR.