Re:US inflation jumps to 31-year high amid global supply cha...
by littlestymaar on Tuesday November 16, 2021 @04:12PM
(#29246408)
TIL there were hyperinflation episodes in Europe during the middle age (not). You have never read a book of economic history (or even just history) right?
For the record: most of inflation comes from rising costs in the supply chain (from supply issues, resources scarcity and/or wage raises). This is where we are now.
There exists instances of hyperinflation related to debt (Weimar republic's for instance) but this was due to debt labelled in a foreign currency (basically gold in this case).
For the record: most of inflation comes from rising costs in the supply chain (from supply issues, resources scarcity and/or wage raises). This is where we are now.
There exists instances of hyperinflation related to debt (Weimar republic's for instance) but this was due to debt labelled in a foreign currency (basically gold in this case).