Adam Ferguson on Life in Hyperinflation

December 23, 2011

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Notes:

  • Speculators, wealthy industrialists who can borrow cheap, debtors like the government, farmers, and those with mortgages have benefitted the most from hyperinflations.
  • Inflation begins to develop a special interest lobby.
  • War was the spark, but central banks had already spread the kerosene
  • Citizens turned on each other; people thought their neighbors had an unfair advantage, the country would not sell goods to the city

Source : Thinking in systems
John Mauldin Ponders Hyperinflation
Dylan Grice on Hyperinflation in Japan – HistorySquared
China Blowup Could Lead Central Bankers to Print, cause
Hinde Capital on the Singularity in Debt, Deficits, and Monetary
When Will Inflation Begin
“Stagflation,” A Term Not Found in the Keynesian Dictionary
Marc Faber, Nasim Taleb, Hugh Hendry, Michael Gomez, David
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