Re:The hyperinflation gallery
by WalterBright on Monday September 19, 2022 @01:27PM
(#32901279)
And corresponding deflation which netted out to zero.
Two interesting periods of inflation were during the California gold rush, and the Yukon gold rush. It turns out, when gold is the currency, flooding the market with newly mined gold causes inflation, just like fiat money printing.
Two interesting periods of inflation were during the California gold rush, and the Yukon gold rush. It turns out, when gold is the currency, flooding the market with newly mined gold causes inflation, just like fiat money printing.