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Musick
Wicker Mantis

Joined: Tue Feb 07, 2006 3:43 pm
Posts: 616
PostPosted: Fri Oct 31, 2008 2:52 pm 
 

Usually in the West, inflation is caused during periods of rapid growth; it is termed demand pull inflation. However, this particular case of inflation in Africa is not caused by an economic boom, but, a collapse in the economy where the money supply is growing despite a fall in output and number of goods available. Here is a humorous look at what hyperinflation looks like:

http://humorland.wordmess.net/20081025/ ... s-is-like/
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Last edited by Musick on Fri Oct 31, 2008 3:01 pm, edited 1 time in total.
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Catachthonian
Metal freak

Joined: Tue Jul 01, 2008 3:12 am
Posts: 4680
Location: Russia
PostPosted: Fri Oct 31, 2008 2:55 pm 
 

More content or FFA.
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Musick
Wicker Mantis

Joined: Tue Feb 07, 2006 3:43 pm
Posts: 616
PostPosted: Fri Oct 31, 2008 2:57 pm 
 

Catachthonian wrote:
More content or FFA.

Fixed!
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Good Traders Supplementary Info -- The Numbers : Link.

I have had successful trades/sales with:
vegnsanity, DMR, TooHuman, turboeye, minionofkyuss and teuti


Last edited by Musick on Fri Oct 31, 2008 3:01 pm, edited 1 time in total.
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Catachthonian
Metal freak

Joined: Tue Jul 01, 2008 3:12 am
Posts: 4680
Location: Russia
PostPosted: Fri Oct 31, 2008 2:59 pm 
 

Just pasting a link in the OP with a couple of words on it isn't worth a thread.

Hyperinflation in Zimbabwe is a more-than-predictable result of Mugabe's disastrous agricultural policy. I mean, how stupid must one be to think that destruction of the well-established farm system will do any good to country's economy?
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ReigningChaos
Metal newbie

Joined: Thu May 13, 2004 7:36 pm
Posts: 339
Location: United States of America
PostPosted: Fri Oct 31, 2008 3:38 pm 
 

How is this different from what happened to Germany after World War I?
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rexxz
Retired

Joined: Sun Apr 18, 2004 8:45 pm
Posts: 8740
Location: United States of America
PostPosted: Fri Oct 31, 2008 3:44 pm 
 

ReigningChaos wrote:
How is this different from what happened to Germany after World War I?


Who is saying it's not?

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Lunar_Strain
Metalhead

Joined: Sat Sep 10, 2005 9:29 pm
Posts: 513
Location: Sweden
PostPosted: Fri Oct 31, 2008 3:47 pm 
 

Hungary is a perfect example of hyperinflation.

The former Yugoslavia was also a prime example. They had notes in print that were over ten digits, and were worth nothing. They could be used to buy the .50 cent cookies sold at my school's cafeteria.

http://en.wikipedia.org/wiki/Image:5000 ... dinars.jpg

http://en.wikipedia.org/wiki/Image:HAP_10M_obverse.jpg

^ That one is a 10 million Hungarian Pengo, circa 1946.
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Napero wrote:
Lunar_Strain wrote:
Yes. Our Germanic brethren in the Northland never wore bear or wolf fur. =/

Yes they did, but they scavenged them from animals that had died naturally. "Viking" is actually an archaic word for "Vegan".

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Vook
Metalhead

Joined: Fri Mar 18, 2005 3:20 am
Posts: 650
Location: Serbia
PostPosted: Fri Oct 31, 2008 4:02 pm 
 

Yeah, I was about to mention us. I remember carton of eggs was worth half a million dinars. People would literally pay for bread in, say, 5 stacked piles of cash. I remember this one night when I saw my dad spread out piles on the table (calculating expenses and whatnot), thinking we were rich :lol: Man, am I glad I was a kid during those times...

But what exactly is the point of this thread?

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