Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $25,472
31%  
Woo hoo!! And we're now over 31%!! Thank you all very much!! God bless.

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  • Hyperinflation – Still More Than A Monetary Phenomenon

    08/18/2012 1:45:55 PM PDT · by blam · 13 replies
    Pragmatic Capitalism ^ | 8-17-2012 | Cullen Roche
    Hyperinflation – Still More Than A Monetary Phenomenon 08/17/2012 1:15 PM Cullen Roche One of the bigger myths in the world of economics and finance remains the cause of hyperinflation. As I’ve highlighted many times over the years, hyperinflation is more than just a monetary phenomenon (and misunderstanding this led to many incorrect hyperinflation predictions in the USA in recent years). In fact, the monetary explosion is almost always the result of some other rare or extreme exogenous factor. My original conclusions on this found that hyperinflations tended to occur around the follow events: * Collapse in production. * Rampant...