Thursday, April 9, 2009

Money - Hyperinflation

Hyperinflation is more or less by definition the terminal stage of any fiat currency. In hyperinflation money loses most of its value practically overnight. Hyperinflation is often the money regular inflation to the point where all confidence in money is lost, but there can also be other immediate caus

It is often argued that all fiat money eventually will become worthless. Money argued that the current fiat monetary systems have not led to hyperinflation, and it seems unlikely that they will. It is not a very convincing argument, though, as hyperinflation never seems likely until it is well underway. Money there is certainly a lot of evidence that all fiat money will eventually lose its value.

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1 Comments:

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