Sentences with word «hyperinflation»

Also in 2008, Zimbabwe had the worst case of hyperinflation in the 21st century with a peak inflation rate of more than 79.6 billion percent.

Germany's experience with hyperinflation in the 1920s led to a deep aversion to rising prices, one that is all the more severe because Germany is a nation of savers.

For the first time in years, coins will be minted in Venezuela whose currency has been suffering from hyperinflation.

CARACAS / HOUSTON, April 17 - Chevron Corp said on Tuesday two of its executives were arrested in Venezuela, a rare move likely to spook foreign energy firms still operating in the OPEC nation stricken by hyperinflation, shortages and crime.

Similarly, with hyperinflation spreading in Venezuela as a result of the South American nation's own political crisis at present, the demand for cryptocurrencies has soared this year.

What used to the richest country per capita in South America is now experiencing hyperinflation rates in the thousands of percent.

As for those of you who keep looking for hyperinflation around every corner — inflation (measured by the price deflator) dropped to 1.2 percent at the end of last year, from 1.8 percent the year before.

He's even okay if he makes a zero real rate of return, as long as he's protected against hyperinflation of the loonie and other currencies as well.

I have no respect for a company that prints points faster than Zimbabwe did cash to create hyperinflation of their currency.

After all, perhaps the biggest question in investing today is will US inflation stay at < = 2 % and be quiescent, or will it morph into hyperinflation as Kyle Bass, et al, believe.

There's also some debate over whether it would lead to a period of massive hyperinflation.

While Zimbabwe once had its own currency, it began using a mix of currencies from stable economies including the U.S. dollar in 2009 after hyperinflation made its own note nearly worthless.

Worst case, the US federal reserve prints another trillion dollars to pay back the debt, deliberately triggering hyperinflation which makes the debt worth next to nothing (Russia and Germany both did this in the early 20th Century).

Former Reserve Bank of Zimbabwe Governor Gideon Gono says he was forced to print money even when he knew it would cause hyperinflation because the government was desperate to forestall a coup by hungry soldiers.

Venezuela's Bolivar (VEF) is now worth just one satoshi as hyperinflation takes an ever deeper hold in the struggling country.

Jackson: First, let me point out that if there were indeed an undersupply of scientists, you?d see hyperinflation of salaries, which of course is simply not the case in any field of science.

Many economists fear hyperinflation from the huge increase in the monetary base.

Trevor stresses that he's a good saver and he believes that a portfolio that protects against hyperinflation makes perfect sense in today's economic environment.

American people need to get ready because hyperinflation is on it's way and only the prepared will be able to survive without large consequences.

Looking at previous hyperinflation scenarios, it seems to me the best preparation is to get an option to leave the country.

«Historically, nations have solved debt problems through hyperinflation.

«No, I'm not worried about»70s - style hyperinflation — simply the small chance that inflation can manage a healthy enough rebound to steel the Fed's resolve to tighten policy.

Say hyperinflation comes back.

Like her, millions of Venezuelans have seen their salaries decimated by rampant hyperinflation that is expected to drive prices up by 13,000 percent this year, IMF figures show.

To avoid hyperinflation (what happens when too much of a currency floods the system) bitcoin will only ever produce 21m bitcoins.

Under many circumstances (if not most), fiat currencies keep inflating, including but not limited to the Russian Ruble, the Indian Rupee, the JMD, the Japanese Yen, Venezuelan Bolivar, and the (now defunct in Zimbabwe due to extreme hyperinflation) Zimbabwean dollar.

Financially wrecked following the First World War, Weimar Germany printed huge volumes of marks to cover its expenses, resulting in hyperinflation on a massive scale.

If the Germans had decided to issue bonds to striking workers instead of money, bond prices would have been driven to ridiculously low levels, driving interest rates to extremely high levels, creating an unwillingness to hold currency (which does not bear interest), resulting in a rapid deterioration in the value of money, and hyperinflation just the same.

In an earlier post, Marc Lee mentioned in passing the German hyperinflation episode of the 1920s.

If mortgage rates rise to 8 - 10 %, for instance, then making over-payments becomes far more attractive than investing (assuming we're not in some period of hyperinflation at the time).

Given the «calculated silver» price in the year 2021 of approximately $ 50 per ounce, a spike higher could easily reach $ 100 — $ 150 per ounce without hyperinflation.

We have seen this time and time again, from stagflation in the 1970s to the Zimbabwe hyperinflation.

Venezuela is currently facing hyperinflation of more than 4,000 percent in the last year, with the national currency, the Bolizar, having lost around 96 percent of its value.

In Zimbabwe, a country where hyperinflation led to $ 1 being worth 35 quadrillion Zimbabwean dollars, the relative security of cryptocurrency already came at a premium.

The subsidy would have been worth $ 17 as recently as last November; hyperinflation amid a collapsing economy is likely to make the subsidy worth even less in the weeks to come.

As hyperinflation spirals out of control, it's easy to understand why the Venezuelan government will not accept bolivars for the petro.

NIA looks like it has a lot of good information mixed with bad, but they're still a bunch of crackpots wailing about hyperinflation with little regard for the historical profligacies it takes to cause the levels they're afraid (or for a more modern example the comedic horror tale that is Venezuela).

When the economy is doing well, the Fed increases the benchmark interest rate by small increments (0.25 %, for example) in order to keep up with inflation and prevent hyperinflation.

I mentioned the risk of hyperinflation above, but who can tell what inflation will do over 60 years?

If hyperinflation persists, then a Zimbabwistani dollar of earnings 10 years from now is worth just Z$ 0.0000001 today.

Both prices were a bargain considering hyperinflation.

UN sanctions against Zimbabwe have failed to bring an end to Mugabe's rule in Zimbabwe, which is labouring under hyperinflation that sees prices double every day and a cholera outbreak that has infected almost 20,000 people.

Provide therapeutic procedures as ordered by the physician, such as, but not limited to: HHN, I.S, CPT, oxygen therapy, hyperinflation therapy, etc..

The Weimar Republic's disastrous monetary policy and resulting hyperinflation following The Great War reached a crescendo in 1923 when a single U.S. dollar traded for 4.2 trillion German marks.

@DumbCoder - Yes - I was making a distinction between hyperinflation (the dollar literally becoming worthless) and the world ending.