2 Nov 09, 10:19 AM Nicolaas Smith: You can have hyperinflation in your money but stability in your real or non-monetary economy with valuing constant items in units of constant purchasing power, i.e. inflation-adjusting constant items. |
2 Nov 09, 09:48 AM Nicolaas Smith: Hyperinflation is very high inflation. The IASB defines it as 100% cumulative inflation over 3 years. It is caused by printing hopelessly too much money. Prices skyrocket under hyperinflation. |
1 Nov 09, 12:50 PM prashant: what is hyperinflation |
31 Oct 09, 11:47 PM Nicolaas Smith: Hi, Please ask any questions about the items that appear on this blog over here. I will try to answer them the best I can. Kindest regards, Nicolaas Smith |