Thursday , 26 December 2024

Hyperinflation Has Occurred on 58 Occasions – Here’s Where, When, For How Long & By How Much (+3K Views)

Since the beginning of 1990 hyperinflation has occurred in 28 countries around the world on a total of 35 different occasions of which 17 occurred during 1992 alone. Currently, only Zimbabwe and Venezuela are plagued by hyperinflation.

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When inflation exceeds 50% per month and lasts for at least 30 consecutive days it qualifies as hyperinflation.

For all the details check out The Hanke-Krus World Hyperinflation Table which contains all 58 episodes of hyperinflation over the past 100 years, including several which had previously gone unreported. The table indicates the start and end dates of each episode, identifies the month of peak hyperinflation, and signifies the currency that was in circulation, as well as the method used to calculate inflation rates.

Below is an amended and abbreviated Hanke-Krus World Hyperinflation Table

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2 comments

  1. Prechter is wrong. The governments will never allow deflation. They are too afraid. They will always “create” more money and inject it. They know the ony way out of our current scenario is 3- 6 percent annual inlation. Inflation and growth need to happen at a healthy rate. Deflation will never happen again in the U.S.