Wednesday, October 11, 2017

What Hyperinflation Looks Like

Better get yourself together
And hold on to what you've got
Once the music hits your system
There's no way you're gonna stop
--Miami Sound Machiine

Venezuela provides an example of what hyperinflation looks like. Prices rising at double, triple, and even quadruple digits rates.


Hyperbolic currency exchange rates.


Empty grocery store shelves and associated consequences.


Good thing the Venezuelan situation could never happen.here.

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