3 ms·
Hyperinflation does appear to have a loose definition of >=50% inflation by month. https://en.m.wikipedia.org/wiki/Hyperinflation https://en.m.wikipedia.org/wi
by lettergram 4y ago
Hyperinflation does appear to have a loose definition of >=50% inflation by month.
https://en.m.wikipedia.org/wiki/Hyperinflation https://en.m.wikipedia.org/wiki/Hyperinflation
> Normal inflation is not new, and nothing to panic about - its how the world currently works, and how it has for at least 50 years.
Even Rome had inflation, they’d dilute the amount of silver and gold in their coins.
The challenge at the moment is an asset deflation with a consumable inflation; with an economy which is shrinking. This is called stagflation and is different and has its own challenges.
https://en.m.wikipedia.org/wiki/Stagflation https://en.m.wikipedia.org/wiki/Stagflation