Investment Wisdom, Inflation and Hyperinflation
Real Probability’ of Hyperinflation, Harkins Says “Hyperinflation is largely a twentieth-century phenomenon. The most widely studied hyperinflation occurred in Germany after World War I. The ratio of the German price index in November 1923 to the price index in August 1922—just fifteen months earlier—was 1.02 × 1010. This huge number amounts to a monthly inflation rate of 322 percent. On average, prices quadrupled each month during the sixteen months of hyperinflation.”Read more In economics, hyperinflation is inflation that is very high or out of control. While the…read more