Here are the three kinds of events that have powered hyperinflation in the past, according to Roche.Among the direst examples of hyperinflation was Germany after World War I. The country was ravaged from losing the war, and it was forced to pay war reparations and endure a change in its government imposed by the victorious Allies. For that government — the Weimar Republic — the challenge of repaying debts and rebuilding was all but impossible.
"It was the war, regime change, fragile state of mind, foreign-denominated debts, and productive collapse that resulted in the excessive 'money printing,' collapse in the tax system, and ultimately hyperinflation," he added.Countries can also run the risk of hyperinflation when they cede monetary sovereignty, or give up exclusive control over their currency.
Regime change, while in some cases helpful in the long run, can lead to a new government being"greeted with great skepticism," Roche said. This was seen throughout Europe after World War I, as economic uncertainty tanked currencies' values.
is Jack wrong or some signs are in our view on the horizon? who is running financial debacles on main & on The wall for quiet a while … ? some would say: “nesto je trulo u drzavi danskoj” … it’s only form of speech …
There is a solution, multimillionaires and billionaires should accept to return some of the profits because of increased productivity to their employees.
杰克·多尔西(Jack Dorsey)说,恶性通货膨胀“很快就会在美国发生。”一位专家说,以下是他可能错的3个原因。
Hey y'all have the New Channel up and 100% Dedicated to SuicidalVeterans with PTSD, let’s get to the first 100 Subscribers🇺🇸 Watch👇
Cc: jack
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