Monday, January 14, 2013

Modern video of Hyperinflation

In 2011 Belarus got hyperinflation. In this video someone uses a bag of cash to buy some beer. This youtube video of piles of cash from just over a year ago makes hyperinflation more real than a black and white picture of a wheelbarrow full of cash from 90 years ago.

I suspect that credit cards will be used more and more if the US heads into hyperinflation.  Counting lots of paper money looks too painful.  If there was very much of this I think a supermarket would put a bill counter on one "cash line" and make anyone using lots of paper money go into that slow line.  

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