Which is worse Hyperinflation or Deflation? (user search)
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  Which is worse Hyperinflation or Deflation? (search mode)
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Author Topic: Which is worse Hyperinflation or Deflation?  (Read 8399 times)
I spent the winter writing songs about getting better
BRTD
Atlas Prophet
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Posts: 113,043
Ukraine


Political Matrix
E: -6.50, S: -6.67

P P
« on: April 22, 2014, 06:48:47 PM »

The US actually had deflation from 2008-2009. Zimbabwe on the other hand had hyperinflation. Which was worse?
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I spent the winter writing songs about getting better
BRTD
Atlas Prophet
*****
Posts: 113,043
Ukraine


Political Matrix
E: -6.50, S: -6.67

P P
« Reply #1 on: April 23, 2014, 04:18:10 PM »

Hyperinflation doesn't just mean above average inflation. The standard definition used is at least a 50% increase a month.

Upon some research it appears Italy in the 80s had inflation at a rate of a bit over 20% a year. That's pretty bad, but not hyperinflation.
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I spent the winter writing songs about getting better
BRTD
Atlas Prophet
*****
Posts: 113,043
Ukraine


Political Matrix
E: -6.50, S: -6.67

P P
« Reply #2 on: April 23, 2014, 07:10:47 PM »

Seriously anyone who says deflation clearly doesn't understand what hyperinflation is (and that's not uncommon, I've seen the Ford/Carter years described as having hyperinflation before, which is completely inaccurate.)
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