Quote:
Originally Posted by wig
That's right... it is directly related to a particular currency.
http://en.wikipedia.org/wiki/Hyperinflation pretty much details it and gives examples from history.
In the US, the civil war confederate dollar would be the last example. More recognized examples are Argentina1970's +, Zimbabwe 2008, Germany 1923.
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Does that mean the inflation rate, itself, would be like 26%? Then for it to be hyper inflation that compounds for 3 years?
I guess I'm glad Americans still produce wealth, goods, etc. and looking at it, we would need to damn near stop producing anything to reach the numbers of true hyper inflation.