Limb Lengthening Forum
Community Hangout => Off Topic => Topic started by: stevens on January 22, 2022, 06:40:04 PM
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https://youtu.be/uu5GVEh0HGQ
Hyperinflation is a term to describe rapid, excessive, and out-of-control general price increases in an economy. While inflation is a measure of the pace of rising prices for goods and services, hyperinflation is rapidly rising inflation, typically measuring more than 50% per month.
https://youtu.be/ax0NouW21L0
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Inflation refers to an overall increase in the Consumer Price Index (CPI)
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The concern is a snowball effect. The last time we had hyperinflation it didn't start out as hyper either.
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Some time ago the EU was at the threshold of DEFLATION....some coutries even reached it, I think for example Germany, for a trimester (around minus 0,2%). In my opinion that was mainly due to a stupidly too rigid monetary policy of the Europe Central Bank that even curtails investment and development of less developed countries. It makes the Euro excessively strong.
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The Fed has special ways of avoiding hyperinflation at the expense of long-term growth, and they take that opportunity every time.