The Pattern Of Hyperinflation
Hyperinflation Watch discusses the pattern that hyperinflation takes.
1. Slow Climb: 6 months to 2 yearsZenDraken gives the details at his blog. Go read it all.
2. Ramp-Up: 2 months to 1 year
3. Crazy: 1 month to a year
4. Currency Nuked: 1 day
5. Recovery: 6 months to years
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4 comments:
Seems that real economists disagree with you.
I'm sure they do. And it's entirely possible that the real economists are actually right.
My conclusions are not based on mathematical modeling or trend analysis, save the trends of massively increasing deficit spending and suddenly declining GDP.
I'm doing crass, seat-of-the pants pattern matching. What's happening now looks an awful lot like hyperinflation patterns of the past, according to my pattern-matching neural network.
And I hope my neural network is totally wrong.
About hyperinflation, I mean. 'Cause I need it for some other things too.
Don't worry.
It is not clear to me that real economists know what they are doing either.
Did you mean this article?.
If so I agree. In a high inflation regime property owners will do OK.
It is only those without property or who need a job who are screwed.
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