The Worst Hyperinflations in History: Hungary in 1946 (2014)

Re:The Worst Hyperinflations in History: Hungary in 1946 (2014) by lnino on Wednesday February 14, 2018 @01:33PM (#16378046)

Your graph shows a decline in production in the past year or so. The country has been experiencing major economical hardships for several years. The downturn in oil prices only made worse something that was already awful.

Take a look at: https://tradingeconomics.com/venezuela/inflation-cpi

Of course 800% is worse than 100%.

But how do you explain 30%-100% inflation at a time when oil was at peak price?

It's simply impossible not to have inflation when you're printing money and flooding the economy with it -- no matter the supply side.

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Re:The Worst Hyperinflations in History: Hungary in 1946 (2014) by tcbawo on Wednesday February 14, 2018 @06:48PM (#16380714)

Inflation seems to only kick in when it enters the money cycle (non-banking sectors). The US Fed built up massive amounts of securities holdings over the last 10 years which injected a lot of money into the economy. However, inflation mostly never materialized because banks held onto that money instead of lending it out.

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