Let's take a look at the Venezulan Cafe Index below to see how hyperinflation looks like in the contemporary world.
Hyperinflation does exists even nowadays. It is not a theory that you find only in economics textbooks. Hyperinflation can emerge even in peaceful time. It is not something remote that our grandmothers and grandfathers experienced during and after the world wars.
Source: Bloomberg
Congratulations @josephchains! You received a personal award!
Click here to view your Board
Vote for @Steemitboard as a witness and get one more award and increased upvotes!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @josephchains! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Do not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit