Hyperinflation

Tyler Durden's picture

Saved By 12 Zeroes; Zimbabwe Gets Creative in Battling Hyperinflation





In what may not be the most effective way to battle hyperinflation, Zimbabwe Central Bank governor (now that is a misnomer) Gideon Gono is making "its foreign exchange more transparent" and cutting 12 zeroes from the currency, i.e. a trillion to one exchange conversion.

 
Tyler Durden's picture

Whither Hyperinflation





It seems there are two sorts of people out there right now: those who say that no matter how much money the government throws at every problem it will never result in hyperinflation, and those that say that hyperinflation is now an inevitability regardless of what actions are taken fr

 
Tyler Durden's picture

Whither Hyperinflation





It seems there are two sorts of people out there right now: those who say that no matter how much money the government throws at every problem it will never result in hyperinflation, and those that say that hyperinflation is now an inevitability regardless of what actions are taken fr

 
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