2 ms·
In the 80s and 90s, Greek inflation was in the 15-20% range. Italy dropped to 5% more quickly but at the start of the 80s was in the 20% range. In the 70s UK i
by iso1631 6y ago
In the 80s and 90s, Greek inflation was in the 15-20% range. Italy dropped to 5% more quickly but at the start of the 80s was in the 20% range.
In the 70s UK inflation was 10-20%.
that type of inflation is clearly bad for keeping cash, but not going to cause the collapse of civilisation. From about 73 - 80 US inflation was in the region of 10% per year.