A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k
@JacquelinePerrira
Ай бұрын
The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.
@Jamessmith-12
Ай бұрын
in my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.
@kevinmarten
Ай бұрын
Exactly why i enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/ analvsis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over 400k.
@JacquelinePerrira
Ай бұрын
please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
@kevinmarten
Ай бұрын
'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
@bobsacamano5334
3 жыл бұрын
The reason hyperinflation was so rare before WW1 was because most countries backed their currency on gold.
@bhe8336
3 жыл бұрын
But gold isn't an investment. It is a speculative asset that nets you zero cash flow, which means its worthless. - Keynesians and Modern Economists. Buy index funds instead and passively forget about your investments. This is good a investment practice apparently.
@ramjamflimflam
3 жыл бұрын
That’s not true at all.
@bobsacamano5334
3 жыл бұрын
@@ramjamflimflam Before WW1 the currency itself was made from gold or was a note that was redeemable for gold.
@ramjamflimflam
3 жыл бұрын
@@bobsacamano5334 Gold was money then and is money now.
@TechieTard
3 жыл бұрын
Gold and SILVER.
@user-jx6ot7hp8m
3 жыл бұрын
i am an Hungarian and i am happy we are finally first
@ENDEVRDocs
3 жыл бұрын
😂
@altagent3472
3 жыл бұрын
not something to be proud of but ok.
@Matthewlogsdon22
3 жыл бұрын
🤣🤣
@mikew3002
3 жыл бұрын
And the gold medal finally goes to Hungary 🤣👌🏅
@yohaneschristianp
3 жыл бұрын
Venezuela : hold old my 🍺🍻
@R3RS2024
3 жыл бұрын
My grandfather told me when the inflation was happening (In Hungary) most Shops wouldn't Accept cash, mostly they would pay with Parts being cut off a Gold chain or a Gold ring and also outside of Budapest it got so bad some family's Traded their Cars away for like 2 chickens and a goat.
@adamkwalczyk
2 жыл бұрын
They use gold bits in Venezuela too.
@ldfgbnghcfhgvjbkhn
2 жыл бұрын
LOL in the past we had to resort to paying with bits and pieces of Jewelery but sure Bitcoin won't work in case of monetary collapse :D
@joergkalisch7749
2 жыл бұрын
This will happen again. Good to have some hold and silver coins
@logical_evidence
Жыл бұрын
That’s why they banned gold and confiscated it in many countries.
@icewa-fg
11 ай бұрын
increased losses for portfolios this quarter are predicted by market drops, skyrocketing inflation, a major interest rate hike by the Fed, andI rising treasury rates. How can I profit from the volatile market right now? I'm still considering whether to sell my million dollar bond and stock account.
@MrGravity304
11 ай бұрын
With the help of an investing advisor, I diversified my $400K portfolio across markets, and I was able to earn over $900k in net profit from high dividend yielding equities, ETFs, and bonds.
@MiddleclassAmerican-7220
11 ай бұрын
Yes, I've been in touch with a financial analyst ever since I covid. Investing in trending companies is relatively easy today; the trick is determining when to purchase and sell. I started with a $300K reserve that was initially dormant; my adviser decides when to enter and exit my portfolio; since then, I have accumulated over a million dollars.
@NotyourBusiness-urto6
11 ай бұрын
Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
@MiddleclassAmerican-7220
11 ай бұрын
Nicole Desiree Simon oversees my portfolio, simply do your due diligence. She's an extremely intelligent person, very thoughtful, cautious, and shows a great deal of expertise with over a decade of experience in her line of work.
@NotyourBusiness-urto6
11 ай бұрын
Thank you for this tip , I must say, Monica appears to be quite knowledgeable. After coming across her web page, I went through her resume and I must say, it was quite impressive. I reached out and scheduled a call
@PantsofVance
3 жыл бұрын
What all hyperinflation cases have in common: fiat currency.
@kayann3
3 жыл бұрын
Let's store our money to crypto 👏
@PantsofVance
3 жыл бұрын
@@kayann3 Terrific idea, they can never go to zero!
@poglup1551
3 жыл бұрын
Bitcoin fixes this.
@PantsofVance
3 жыл бұрын
@@poglup1551 No it doesn't. Bitcoin is backed by nothing, just like fiat. Also any wingnut can create a cryptocurrency, there are over 10,000 now.
@stefanlebrasseur2892
3 жыл бұрын
@@PantsofVance guess gold is the only real value unless all economies collapse
@RabbitYT576
3 жыл бұрын
My home country holds the record! Finally something my country is good in!
@RabbitYT576
3 жыл бұрын
Yay thx for the heart
@RabbitYT576
3 жыл бұрын
hungary
@user-jx6ot7hp8m
3 жыл бұрын
@@RabbitYT576 yh even do it's inflation we Hungarians are happy to be first
@RabbitYT576
3 жыл бұрын
@@user-jx6ot7hp8m Well, it atleast is a record...
@user-jx6ot7hp8m
3 жыл бұрын
@@RabbitYT576 true
@richardhumphrys7907
2 жыл бұрын
I think what’s more dangerous, is the fact it’s no longer physically printed.
@joergkalisch7749
2 жыл бұрын
No difference in outcome
@richardhumphrys7907
2 жыл бұрын
@@joergkalisch7749 It takes them longer to create physical monies and costs them more.
@belladonnatook8851
2 жыл бұрын
@ Richard Humphries. I agree.
@ramjamflimflam
3 жыл бұрын
The definition of inflation is an increase in the quantity of currency. The effect is a rise in prices. The reason is there are more currency units competing for the same or less goods and services. This video needs to get this corrected. The CPI or consumer price index is a complete and total manipulation of ever changing products that meet the needs to keep the number low.
@vmizzell
3 жыл бұрын
They have removed real estate prices and energy prices from the CPI so the actual inflation rate isn't published. They do this so they don't have to pay cost of living increases to government workers and social security recipients.
@_Rockill_
Жыл бұрын
This is true. I am only now learning this as a delve deeper into economics.
@crazeekids9744
3 жыл бұрын
Coming soon to a US near you.
@ENDEVRDocs
3 жыл бұрын
😬
@finddeniro
3 жыл бұрын
Up your Street...and At the Bancos. .
@monicagomez4616
3 жыл бұрын
SO TRUE. 👏
@sugarman08
Жыл бұрын
I'm 60 when I was ten my grandmother gave me a history lesson on hyperinflation. She was German and live through it
@sarac.3568
3 жыл бұрын
Wth was life like back then? Like, how did people survive??? Doubling prices in the same day? It's like nothing has any meaning
@penzugyipirula4100
3 жыл бұрын
Actually in Hungary the biggest banknote never been released to the public/into circulation...it was just printed.
@n1bleachfreak
3 жыл бұрын
Banking establishment are more dangerous to your liberties than standing armies. -Thomas Jefferson
@hebneh
3 жыл бұрын
In situations like this, the only way to survive can be through bartering. But only a handful of objects retain value. The only winners are foreigners who possess a stable currency; they can live like royalty by spending small amounts of their own money in the country with hyperinflation.
@joergkalisch7749
2 жыл бұрын
Or previous metals
@chrisyanover1777
3 жыл бұрын
How did Venezuela not make this list? Maybe this video came out before major inflation hit. I am currently a Venezuelan Trillionaire! I think I bought like $10 US dollars of Venezuelan Bolivian and that instantly made me a Venezuelan Trillionaire. Don't get me wrong, I was a generous Trillionaire. I would often make other people Venezuelan millionaire's too if they won a competition!
@good2goskee
2 жыл бұрын
There are different symptoms from inflation but few know what inflation actually is. Often people state the symptoms and note that as inflation. The cause for inflation is the human condition and reaction . The cause for inflation is: "the fear put into financial action motivated by the belief a currency will lose purchasing power".
@sylvainthibeault3447
2 жыл бұрын
I wonder how quantitative easing never rises to levels that would cause this. One thing about Venezuela is the tight control of media narratives, and how much it differs from the realities described by people IN Venezuela. Can it all be explained by shady media and vested interest? FUD weaponized the world's news outlets, which is owned by a few rich old white dudes who know the power they possess.
@good2goskee
2 жыл бұрын
@@sylvainthibeault3447 EVERYWHERE the media spins what the politicians want... agreed! I think QE will effect different countries differently. Not all countries have the same resources....and only one has the reserve currency status
@SDZ675
3 жыл бұрын
Government: "We can balance our budgets OR ... add some extra zeros on our money"
@crazylegs8891
3 жыл бұрын
Inflation is not rising prices, it's the increase in the currency supply "resulting" in rising prices.
@alexm566
3 жыл бұрын
or your country selling all its gold, like Venezuela
@joergkalisch7749
2 жыл бұрын
Rising money supply flowing into the wrong hands on top of it
@_Rockill_
Жыл бұрын
Peter Schiff has some good videos talking about inflation.
@hoodclassicsofcalifornia
3 жыл бұрын
I like how Hungary has the worst hyperinflation ever but fixed it rather simply.
@thatguyjef2402
2 жыл бұрын
@Lt. JoeAnimatez I think they adopted a new currency
@mnimeion
2 жыл бұрын
@Lt. JoeAnimatez negotiation and currency reform, very effective that's why the inflation last less than a year
@abelieversperspective9595
3 жыл бұрын
Septillion. That's crazy big.
@se6586
3 жыл бұрын
That’s 7000 trillion😳
@austinli8891
6 ай бұрын
@@se6586 no, that's 7000 trillion trillions
@yes12337
Жыл бұрын
I've been wondering how an average low income person can hedge against inflation crisis and to my understanding they should produce most necessary products themselves for their own use and sell/exchange. Do you know any other strategies or videos about it? This is so scary that people even don't dare to talk a about it, but we should all be aware how to cope with hiperinflation or other humanitarian crisis and this should be included in school curriculum
@bear831tiger
3 жыл бұрын
Venezuela has enter the *chat
@ndorobei4391
3 жыл бұрын
Argentina, too.
@plutogsngnun7624
3 жыл бұрын
Usa too soon
@Kushken
3 жыл бұрын
@@plutogsngnun7624 no
@Kushken
3 жыл бұрын
It's not as big as these
@plutogsngnun7624
3 жыл бұрын
@@Kushken wait 5 years and check this comments again haha
@Narsty_Boy
2 жыл бұрын
We don't see the inflation as easily today because of electronic payments. I wonder how that will change things this time.
@libertarian787
3 жыл бұрын
Incorrect definition of inflation. The real definition is an increase in the money supply
Not sure why stellar is there, but agree with the rest :)
@wormius7350
3 жыл бұрын
What is bitcoin backed by lmao
@mozvidz
3 жыл бұрын
@@wormius7350 Bitcoin is backed (protected) by blockchain. If you understood what that means, you'd not be asking such a question. Also, the richest man on earth invested 1.5Billion on Bitcoin, I doubt he's the dumber one in this equation.
@wormius7350
3 жыл бұрын
@@mozvidz But what is Bitcoin backed by?
@mozvidz
3 жыл бұрын
@@wormius7350 Somehow, I knew you wouldn't understand what I said, and I even foretold it in my first reply.
@ulisesfonseca7937
3 жыл бұрын
the inflation in a period of time , you have to specify the period of time
@stevebond4916
10 ай бұрын
Phillip David Cagan was my advisor in the Economics Department at Columbia University. He was a rock for me during my time there.
@malinaizetiopije8844
3 жыл бұрын
I'm proud to live in the country that was once a part of the country that is in the 3rd place
@majstorgile
2 жыл бұрын
Key to survive inflation was having someone in Germany or USA to send you money.
@PraveenSrJ01
Жыл бұрын
This might possibly happen in the United States 🇺🇸 in the next 7 years before the year 2030. That will be really bad and create a lot of problems.
@josho7138
Жыл бұрын
Nooo
@PraveenSrJ01
Жыл бұрын
@@josho7138 I really hope that isn’t the case either…
@thesaints-7-andrew.
Жыл бұрын
Watching from Greece.hi everybody. Great video.
@ingridlinbohm7682
2 жыл бұрын
Inflation is not only caused by a drop in tax revenues but also by governments wanting to increase their revenue. We are having inflation because our governments world wide have wanted to increase their revenues in order to cope with past increases of revenue. These increases in revenue lead to bubbles. In order to sustain the bubbles the revenues are increased again and then pumped into the bubble economy. This increase in revenue is achieved through the creation of government and private debt which are so large that they become unpayable. Inflation though actually reduces the real worth of the debt so governments deliberately create inflation in order to reduce their debt burden which if unchecked leads to a bankrupt state and society. Hyperinflation is the result of attempts to reduce the states debt that has gone to far.
@sylvainthibeault3447
2 жыл бұрын
That's quite obvious for Germany and Zimbabwe, I see Venezuela as an all out media terroristic op, I'm not a Q, I don't believe in the craziest theories, but the US would just love to get that sweet, sweet light crude, just a stone's throw from plenty of Puerto Rican cheap labor.
@xenomorphbiologist-xx1214
2 ай бұрын
Something I also noticed is that with the exception of Hungary (July), all of these hyperinflation cases were at their worst in the Fall Season (October and November). What is up with that?
@lowerquadrant4647
3 жыл бұрын
7:04 True. The trauma has become virtually genetic.
@ENDEVRDocs
3 жыл бұрын
😀
@GodisLove1j48
3 жыл бұрын
I was expecting at least a mention of Venezuela..
@larrysmith2636
3 жыл бұрын
Information or muzak video. Pick one?
@MichelleB2b
3 жыл бұрын
My Google search on inflation rate April/May 2021 is at 5% with the next report coming July 13 2021. Thats doubled according to this documentary @ 0:45
@franticRX7
3 жыл бұрын
Biden: Hold my beer, I'm about to print 100 trillion dollars
@jimcuerlusano7091
2 жыл бұрын
This video i of the past history s the best lesson to country who are fanatic of making a war
@liamcollinson5695
3 жыл бұрын
So in Germany by the time you finished your meal its price probably went up
@bathombre9739
2 жыл бұрын
You got to eat fast, no chit chat
@Mitche23
3 жыл бұрын
I'm from the former Yugoslav Republic of Serbia. I still have those billion dinar notes in my house
@ЭльдДраконов
3 жыл бұрын
Congratulations
@ewilliams6727
Жыл бұрын
Pls change background music so it doesn’t cause hypertension and heart attacks.
@IvyANguyen
3 жыл бұрын
Anyone else here watching in wonder about the US? We might someday suffer hyper-inflation too - a scary prospect. Has a world reserve currency ever became hyper-inflationary?
@Crashed131963
3 жыл бұрын
US has state of the art printing presses. The can bail anything out as long as the trees and ink supplies do not run out.
@IvyANguyen
3 жыл бұрын
@@Crashed131963 True, though would we enter hyperinflation if other countries are doing the same thing simultaneously?
@Crashed131963
3 жыл бұрын
@@IvyANguyen But the world currency is base on the US dollar not gold anymore , so they US can play the system, unlike other countries.
@airrodgers7277
3 жыл бұрын
@@Crashed131963 until the US make enough enemy and print too much money that country around the world start to doubt the US ability to pay its debt. Than stuff will hit the fan...
@cashkitty3472
3 жыл бұрын
No all currency is pehgef to us so it's impossible unless People stop using it and revert to hold which is why Saddam Hussein was taken out. You are just making you great grandkids pay off your debt
@kimatong1166
3 жыл бұрын
So Venezuela is not part of your hyperinflation list?
@thetabbyguy921
3 жыл бұрын
Not bad enough Yet
@thewildgoose7467
Жыл бұрын
"Gold is money. Everything else is credit" - JP Morgan 1912
@jackjohnsen8506
Жыл бұрын
A popular SONG FROM THE SEVENTIES..."WE ARE ON THE EVE OF DESTRUCTION"...
@heidimurphy4463
3 жыл бұрын
Prison authorities should be aware of this incident
@renaissancenovice7202
3 жыл бұрын
Watching in Feb 2021 in US because of the Biden administration. I've got a bad feeling about this.
@yohaneschristianp
3 жыл бұрын
And Trump isn't going to be the same you think? They're both the same
@TheFramer38
3 жыл бұрын
Yes because everything under trump was working so well. Millions of Americans are dead and they didn't have to invade other countries for that body count!
@renaissancenovice7202
3 жыл бұрын
@@TheFramer38 what?... Which millions of Americans are dead? What are you even talking about?
@BosoxPatsfan603
2 жыл бұрын
Venezuela should be on this list!
@jairishi2553
3 жыл бұрын
Where's Venezuela bro?
@privatepilot4064
9 ай бұрын
As expected you miss the number one cause of inflation. Destruction of the supply chains. I noticed that you listed printing money twice on a list of 6 items. Almost like you’re attempting to push people’s attention from the destruction of supply chains. Printing money has a small effect on inflation. But when they shutdown the Keystone Pipeline, destroy beef and poultry production, fertilizer production, not unloading ships in port but parking them off the coast by the hundreds, blocking the Suez Canal and restricting the flow of goods through the Panama Canal therefore making products more scarce, that’s what really affects inflation. And backing currencies by gold prevents inflation. Gold at a fixed rate.
@OwensSkateLife
3 жыл бұрын
Lol I thought I had no money now..but give it a few weeks and I'll definitely have nothing
@ENDEVRDocs
3 жыл бұрын
History can repeat itself 😬
@Sainisaab-h9r
3 жыл бұрын
@@ENDEVRDocs is hungry poor country bro?
@Tovalokodonc
3 жыл бұрын
@@Sainisaab-h9r Hungary* and no
@miguelmaza7815
3 жыл бұрын
How can you forget Venezuela?... Highest inflation in the world atm. Wayy more than Zimbawe
@thetabbyguy921
3 жыл бұрын
More than current Zimbabwe but not peak inflation Zimbabwe but surely if nothing is done in the next few years it would be kn the list
@miguelmaza7815
3 жыл бұрын
@@thetabbyguy921 A single $1 is 180,000,000,000 of the original Bolivar if you count all the zeros that the Venezuelan regime has taken off. That’s pretty peak in any ones standards I’d say
@thetabbyguy921
3 жыл бұрын
@@miguelmaza7815 just checked, this is the value of 1 us dollars to Venezuelan Bolivars: 1,826,120.28
@brianschultz6645
3 жыл бұрын
@@thetabbyguy921 government knocked off 5 zeros from the bolivar. So your both right
@thetabbyguy921
3 жыл бұрын
The Venezuelan government basically trying to hide the fires by throwing a carpet on it, Zimbabwe at the time was just like having your house on fire and dumping petrol on the flames
@ramsesrameez5430
3 жыл бұрын
Currency can't be destroyed ....
@c3el
3 жыл бұрын
Where does Venezuela go in the list? Nowhere??!!
@edgywagy145
2 жыл бұрын
Why isn't Venezuela in here?
@johnb6723
3 жыл бұрын
Greece still doesn't help itself - all that plate breaking.
@internetjunkie5241
2 жыл бұрын
Hold my beer, a Zimbabwean has entered the chat .
@rizielv9040
Жыл бұрын
Over printing of money...err... isn't that what is happening in the US for years? How come they don't experience hyperinflation? just asking.
@cryptoyardie3887
3 жыл бұрын
Did he said the introduction of hard assets helped lower the hyperinflation. Hyperinflation will hit the US soon, can someone say x r p to the rescue.
@austinbryan6759
3 жыл бұрын
Isn't XRP in some legal battle? No thanks. I'll choose Bitcoin.
@moremoarkh9175
2 жыл бұрын
That's why Hungary was hungry
@richardpizzurro8219
3 жыл бұрын
Wow...talk about a GLOSS OVER..lol. Love how "central bank" was covered by that blue dot so quickly...this explains NOTHING about inflation..
@Ryousure
3 жыл бұрын
What I don't get is how where people. Paying insane amount if they didn't have it . Was your 100 fiat converted in the bank to 10000 automatic? Where did he the owner of a business suddenly get 1million to pay the employee
@sterrin5766
7 ай бұрын
yugoslavia ❤
@yeliangarcia4623
2 жыл бұрын
Hyperinflation requires both: too much money AND too few goods and services...the too much money component can only be supplied under a fiat currency standard, hard money has a dis-inflationary standard but unfortunately for governments and their politicians you can't simply spend it into existence and extract seigniorage ad infinitum
@patheticprepper4496
2 жыл бұрын
Wrong
@DavidEVogel
3 жыл бұрын
Video is 7 months old. Where is the hyperinflation?
@nobody6803
3 жыл бұрын
About Venezuela ??
@qilorarv1238
2 жыл бұрын
Soon Lebanon will make the list in the new documentaries about hyperinflation too
@phoenixeyes7160
2 жыл бұрын
In 7 years....World Hyperinflation.....Buy Gold...
@legen-dary
3 жыл бұрын
Where's Venezuela???
@ENDEVRDocs
3 жыл бұрын
The ranking was published before situation got out of control there. It should probably be up in the ranking by now. The whole thing is here: www.cato.org/sites/cato.org/files/pubs/pdf/workingpaper-8_1.pdf
@legen-dary
3 жыл бұрын
@@ENDEVRDocs Thanks
@wahleedtaula2097
3 жыл бұрын
How about Lebanon?
@ORO158
3 жыл бұрын
How about Venezuela?
@jayjenkins6021
11 ай бұрын
You got this ALL WRONG. INFLATION IS THE CURRENCY SUPPLY BEING INCREASED WITHOUT THE INCREASE IN PRODUCTION/WEALTH to account for that increase in currency. CURRENCY PRINTING CAUSES INFLATION. Technology is inherently deflationary. Recall when we started building computers. The computers got smaller, faster and way more efficient and they cost less and less. Printing money and aiming for a 2% inflation is still theft. Prices should go down, but they quietly rob us of those lower prices. It seems a small amount...2%.... abd most people just don't understand it.
@jojjeja9371
3 жыл бұрын
USA 2022?
@ENDEVRDocs
3 жыл бұрын
😬
@jackgoldman1
5 ай бұрын
Out of control governments at war. Same cause for all five. Same results. Savers lost all their savings in paper, not gold.
@bojan533
Жыл бұрын
23.01.1994. U SR Jugoslaviji jedna nemačka Marka koštala je hiljadumilijardi Dinara i postala je osnovno sredstvo plaćanja ko je imao,a ko nije onda robna razmena kao način trgovine iz srednjeg veka😂 Ne ponovilo se..
@Науэль2002
3 жыл бұрын
No Venezuela?
@exothermic2054
3 жыл бұрын
The music is not frantic enough. Turn it up to 11!!!!!!!
@GGtabuchino
Жыл бұрын
All of yugoslavia literally used money as toilet paper 💀
@Snafuski
Жыл бұрын
This still doesn't explain how hyperinflation happens. How can a loaf of bread baked using X Pengö at 6 a.m cost Y at 7a.m. , but Y x 10 at 8 a.m.
@davisvoelzke8011
2 жыл бұрын
5:30 I think that was a famous person, who was it again?
@spaceoddity2485
2 жыл бұрын
No Venuswella ?
@coolkentg
2 жыл бұрын
Bad intro. Hyperinflation has its root in bad monetary policy. All the other reasons are non starters. Reduction in tax revenue can easily be resolved by cutting govt spending.
@judithgrace9850
Жыл бұрын
I have always had 6 months stock up of food. Water. And money tp pay rent etc. For 6 months. When ATM is down and banks are closed Move to Mexico. R. I. P. Everyone. Greed is the reason for high prices.Happy I moved to Mexico in 2021 at 79..Washington D.C. is stealing zillions. Rents, utilities, gas etc. Get the heck out of the USA if retired or can work online acajudi100 for my KZitem videos from age 70.75
@ronberi7773
3 жыл бұрын
Insert: Lebanon, Venezuela 2021
@Gsoda35
3 жыл бұрын
Great video but please avoid those hideous animated faces.
@MajesticOak
Жыл бұрын
Have they just tried printing more money faster?
@eddie6111
3 ай бұрын
Venezuela is not even in Top 5, Damn
@RBG-ez7pd
2 жыл бұрын
OnlyFans models are literally trillionaires in Zimbabwe 🤯
@ramsesrameez5430
3 жыл бұрын
Do what you want but 7847492 will not be prisoned
@User-z3d
3 жыл бұрын
Thumbs down for distracting mood music.
@ENDEVRDocs
3 жыл бұрын
😬
@azmanrahim9226
10 ай бұрын
Perhaps tropical countries and appropriate climate countries should plant breadfruit and coconut trees in public lands for fried breadfruit fritters and coconut chutney for the people...govt should provide / sell goats to the people...perhaps govt could pay the people in kind...
@azmanrahim9226
10 ай бұрын
Perhaps fertilised by public toilets...sorry nor very polite answer...
@teo88888able
3 жыл бұрын
SINGAPORE WINNER TAKES ALL WITH OVERPOPULATION OVER UTILIZATION OF LIMITED RESOURCES RESTRICTION OF SUPPLYCHAINS WITH OLIGOPOLY REDUCTION OF CORPORATE AND INCOME TAXES IS HEADING FOR HYPERINFLATION ? ? ? ?
@MelihaMontaj
2 жыл бұрын
I was here to see turkey on the list
@thexdesk4341
3 жыл бұрын
#THeoe
@Kur01T3nh1
Жыл бұрын
Well inflation started when fiat currency was created. With fiat currency prices will rise. A slice of bread which cost 5 cents today could cost 1 million dollars by next month, next year, or decades later. One example is the USD. It lost its value by 95% since the 1920. In 1920 a brand new car costs around 15 ounces of Gold or 15 USD when the USD was still backed by Gold, but hey American politicians don't follow their own Constitution anyway so they made the USD into a fiat currency which is no longer tied to Gold and only backed by empty promises, now 2023 you can still buy a brand new car with 15 ounces of Gold while you now need a whooping 30k Dollars to buy the same. Isn't that hyperinflation in on itself, imagine that, only 100 years went by and that's how bad it gotten. That's only one generation, and now inflation is accelerating because of endless money printing, low supplies of good while demand is increasing. Saving up currency at home or in the bank is a sure way to become poor. I would rather spend it on things that holds value like precious metals, business, investments, anything that holds value or provides passive income.
@thesportscrit
Жыл бұрын
you have explained it very well
@PCreeperStudios
3 жыл бұрын
Venezuela biggest inflation
@Hammadgd
3 жыл бұрын
So you’re telling me I can live like a king with my U.S dollars?
@stephanierandall1170
3 жыл бұрын
What about 🇧🇷?
@ENDEVRDocs
3 жыл бұрын
The Brazilian hyperinflation from 89/90 is actually a bit down in the ranking. The full ranking is here: www.cato.org/sites/cato.org/files/pubs/pdf/workingpaper-8_1.pdf
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