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
Tuesday, July 15, 2014
Spontaneous Combustion Theory of Inflation
There have been many posts trying to ridicule the Spontaneous Combustion Theory of Inflation. The name is to make it seem ridiculous that inflation could just suddenly take off. However, in the real world hyperinflation does just suddenly take off. There is good theory as to how inflation suddenly takes off. Making a silly name for something is a debating technique but it is not a sound logical argument. Hyperinflation is a real thing.
Saturday, July 5, 2014
Article on Hyperinflation in Japan
I think the article Deflation, Quantitative Easing and Hyperinflation in Japan: How Abenomics will Destroy a Proud and Successful Nation is well worth reading.
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