Inflation. Hyper-inflation.- Absent from the attached chart are Zimbabwe 2008-2009 when inflation was calculated to hit 79.6 billion percent, and Venzuela who's inflation rate reached 6,147% in February 2018. "It can't happen here" and/or "it's different this time"...until it does happen (and it has many times, in many places) and, no, it's not 'different' this time, just variations on the same theme.- With fiat currency a wheelbarrow can become your wallet. Voltaire nailed it with his intrinsic value remark
The Humanities are Dying, Poisoned by the Faculty
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