Hyperinflation is that transition period when a paper money is clearly failing as a store of value but has not yet died as a medium of exchange. This blog is to look at this and any other interesting economic issues. Vincent Cate
Saving some links where I commented on other blogs.Noah:http://noahpinionblog.blogspot.com/2014/07/resist-austrian-brain-worm.html?showComment=1404634626670#c3223917579851717055Real Free Radicalhttp://realfreeradical.com/2014/07/02/more-on-diminishing-marginal-utility-or-this-is-why-austrian-economics-drives-me-crazy/#comment-18626
Benjamin Cole does a guest post for Marcus Nunes... apparently the Dallas Fed is saying QE helps stabilize prices:http://thefaintofheart.wordpress.com/2014/07/05/has-qe-driven-the-rightie-tighties-bananas-dallas-fed-staffers-claim-chief-janet-yellen-can-monetize-debt-to-preserve-price-stability/
Here's a different view on Japanese inflation:http://informationtransfereconomics.blogspot.com/2014/07/more-on-japanese-inflation.html
Vincent, I thought you'd be interested: Sumner got a big write up in Vox: both a story and a separate interview. It's called "Why printing more money could have stopped the Great Recession"http://www.vox.com/2014/7/8/5866695/why-printing-more-money-could-have-stopped-the-great-recession#story
Thanks Tom. I am not going to touch Sumner's this time.I posted on Frances Coppola's blog as she has posted about inflation/hyperinflation:http://coppolacomment.blogspot.com/2014/07/inflation-is-always-and-everywhere.html?showComment=1405046125145#c6035266044974410947
Just read it. Thanks.
BTW, Jason joins you min making a prediction for early 2016 (well, he mentioned late 2015, but close enough): you for Japan, and him for Canada:http://informationtransfereconomics.blogspot.com/2014/07/worthwhile-canadian-prediction.htmlVery different sorts of predictions though! And since it sounds like he's not very interested in adding "epi-cycles" to his theory, it'll be interesting to see if in a case of clear failure, he'll wrap it up and do a post mortem on it.
Should be "in making" not "min making"
Looking for polite debate on ideas. Never attack a person. Be nice.