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Most people have heard of inflation right?
But what about Hyper Inflation?
Well...
"Hyperinflation is a term to describe rapid, excessive, and out-of-control general price increases in an economy"
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐งต" title="Thread" aria-label="Emoji: Thread">[THREAD]
Most people have heard of inflation right?
But what about Hyper Inflation?
Well...
"Hyperinflation is a term to describe rapid, excessive, and out-of-control general price increases in an economy"
๐ง๐ต๐ฒ ๐๐ฎ๐๐๐ฒ
Hyperinflation commonly occurs when there is a significant rise in money supply.
Simply put, it is caused by dramatically increasing the amount of money in an economy.
The increase in money supply is often caused by the government printing.https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ต" title="Banknote mit Dollar-Zeichen" aria-label="Emoji: Banknote mit Dollar-Zeichen">https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ต" title="Banknote mit Dollar-Zeichen" aria-label="Emoji: Banknote mit Dollar-Zeichen">https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ต" title="Banknote mit Dollar-Zeichen" aria-label="Emoji: Banknote mit Dollar-Zeichen">
Hyperinflation commonly occurs when there is a significant rise in money supply.
Simply put, it is caused by dramatically increasing the amount of money in an economy.
The increase in money supply is often caused by the government printing.
๐ง๐ต๐ฒ ๐๐ณ๐ณ๐ฒ๐ฐ๐
Hyperinflation quickly devalues the local currency in foreign exchange markets as the prices of goods and services rise in conjunction with the increase in the money supply.
Severe hyperinflation can cause the domestic economy to switch to a barter economy.
Hyperinflation quickly devalues the local currency in foreign exchange markets as the prices of goods and services rise in conjunction with the increase in the money supply.
Severe hyperinflation can cause the domestic economy to switch to a barter economy.
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๐ฎ๐บ๐ฝ๐น๐ฒ
A decade ago, during a financial crisis, Zimbabwe recorded the second highest incidence of hyperinflation in history.
The countryโs inflation rate for November 2008 was a staggering 79,600,000,000% (essentially a daily inflation rate of 98%).
A decade ago, during a financial crisis, Zimbabwe recorded the second highest incidence of hyperinflation in history.
The countryโs inflation rate for November 2008 was a staggering 79,600,000,000% (essentially a daily inflation rate of 98%).
๐ง๐ต๐ฒ ๐ ๐ผ๐ฑ๐ฒ๐ฟ๐ป ๐๐ฎ๐
Currently the global reserve currency is USD, the supply is controlled by the FED.
The Federal Reserve (FED) controls inflation through monetary policies
The year, the FED increased the money supply dramatically in an attempt to boost the economy.
Currently the global reserve currency is USD, the supply is controlled by the FED.
The Federal Reserve (FED) controls inflation through monetary policies
The year, the FED increased the money supply dramatically in an attempt to boost the economy.
๐ฃ๐ฟ๐ผ๐๐ฒ๐ฐ๐ ๐ฌ๐ผ๐๐ฟ๐๐ฒ๐น๐ณ!
The future outlook is bleak to say the least, economies around the world frantically printing their path to a catastrophic crash.
You need to hold your wealth in assets which their value cannot be eroded at the incompetency of governments
The future outlook is bleak to say the least, economies around the world frantically printing their path to a catastrophic crash.
You need to hold your wealth in assets which their value cannot be eroded at the incompetency of governments
๐๐ผ๐น๐ฑ / ๐ฆ๐ถ๐น๐๐ฒ๐ฟ
Precious metals are the answer which have stood the test of thousands of years.
A finite supply with predictable inflation levels.
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Precious metals are the answer which have stood the test of thousands of years.
A finite supply with predictable inflation levels.
If you live in the UK you can get a free 1oz of Silver when you order via @BullionByPost
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