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How can you just ignore dozens of hyperinflation episodes? Clearly there are situations where supply becomes infinite.
by datadata 4y ago
How can you just ignore dozens of hyperinflation episodes? Clearly there are situations where supply becomes infinite.
- orwin 4y agoSorry, i should have said: that's not how money works in modern economies. I'm not ignoring hyperinflation, but clearly it has nothing to do with Zimbabwe or Venezuela. The only comparison could be the Weimar republic, as this disaster was caused too by production deficits (France invading the Ruhr valley+ loosing colonial income), but obviously similarities stop there.