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A lot of countries have experienced serious inflation at one point or usually multiple points in history - all countries that are not young (>300 years). It is
by H8crilA 5y ago
A lot of countries have experienced serious inflation at one point or usually multiple points in history - all countries that are not young (>300 years). It is not perfectly reasonable to expect that yours will not experience it during your lifetime, particularly if you're young. Volatility has this nasty property that it's only bounded from below, but not from above.
- napoleon_thepig 5y agoIt's one thing to say that every country experiences inflation a few times in history, which might or might not be the case, depending on your definition of high inflation. Argentina's Consumer Price index rose 6.7% during March. No, not YoY, but MoM. And if you look at history, it's not even a particularly high number. So I'd say that by the definition of most people, the country has a very big, long lasting and structural problem with inflation.