Encyclopaedia Metallum: The Metal Archives

Message board

* FAQ    * Register   * Login 



This topic is locked, you cannot edit posts or make further replies.
Author Message Previous topic | Next topic
Musick
Metalhead

Joined: Tue Feb 07, 2006 3:43 pm
Posts: 641
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/
_________________
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.
Top
 Profile  
Catachthonian
Metal freak

Joined: Tue Jul 01, 2008 3:12 am
Posts: 4563
Location: Russia
PostPosted: Fri Oct 31, 2008 2:55 pm 
 

More content or FFA.
_________________
Noctem ferimus.

Top
 Profile  
Musick
Metalhead

Joined: Tue Feb 07, 2006 3:43 pm
Posts: 641
PostPosted: Fri Oct 31, 2008 2:57 pm 
 

Catachthonian wrote:
More content or FFA.

Fixed!
_________________
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.
Top
 Profile  
Catachthonian
Metal freak

Joined: Tue Jul 01, 2008 3:12 am
Posts: 4563
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?
_________________
Noctem ferimus.

Top
 Profile  
ReigningChaos
Metal newbie

Joined: Thu May 13, 2004 7:36 pm
Posts: 152
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?
_________________
droneriot wrote:
the meek shall FUCKING LEAVE THE HALL.

Top
 Profile  
rexxz
Where's your band?

Joined: Sun Apr 18, 2004 8:45 pm
Posts: 9094
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?
_________________
Hexenkraft - diabolical cyberpunk darksynth
Cosmic Atrophy - extradimensional death metal

Top
 Profile  
Lunar_Strain
Metalhead

Joined: Sat Sep 10, 2005 9:29 pm
Posts: 498
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.
_________________
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".

Top
 Profile  
Vook
Metal newbie

Joined: Fri Mar 18, 2005 3:20 am
Posts: 350
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?

Top
 Profile  
Display posts from previous:  Sort by  
This topic is locked, you cannot edit posts or make further replies.


Who is online

Users browsing this forum: No registered users and 28 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

 
Jump to:  

Back to the Encyclopaedia Metallum


Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group