Showing posts with label hyperinflation. Show all posts
Showing posts with label hyperinflation. Show all posts

Friday, October 20, 2023

Is Argentina on the Brink of a Radical Economic Overhaul? | DW News

Oct 20, 2023 | This Sunday, people in Argentina will head to the polls to elect a new president. The vote is taking place against the backdrop of a deep economic crisis. Inflation rates of over 100 percent have become the norm - and an increasing share of the population is slipping into poverty. Video features an overview of candidates Sergio Massa, Patricia Bullrich and Javier Milei, as well as expert analysis from Paula Gandara, from Adcap Asset Management.


Javier Milei, a ‘Mini-Trump,’ Could Be Argentina’s Next President: The global far-right movement faces an important test in Argentina’s election on Sunday. »

Thursday, October 06, 2011

Weimar Republic Hyperinflation

A short film explaining Hyperinflation with in the Weimar Republic. In the bubble that was created mimics what is happening now in the US

Friday, April 03, 2009

Weimar 1923 May Have More Lessons than US 1932

THE TELEGRAPH: Are we heading for another Great Depression?

Many baffled forecasters are asking just that, and studying what the US did wrong after the stock market crashed in 1929. But the more relevant policy errors might have been those made earlier across the Atlantic - in Weimar Germany from 1919 to 1923.

Policymakers have learned from the US mistakes. This time around, there has been no shrinkage of the money supply and no repetition of President Hoover's increase in tariffs in 1930 and income taxes in 1932. On the contrary, money supply has expanded rapidly while fiscal policies have been expansionary and protectionism limited.

But look at the Weimar government. Suffering from the trauma of defeat in the First World War and the burden of reparations, it was too weak to raise taxes. It ran large budget deficits instead. Interest rates were kept far below the rate of inflation, while money supply expanded rapidly. About half of government expenditure was funded by newly printed money. >>> By Martin Hutchinson, breakingviews.com | Wednesday, April 1, 2009