Monday , 2 August 2021

28 Countries Have Experienced Hyperinflation In the Last 25 Years (+119K Views)

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From the beginning of 1990 hyperinflation has occurred in 28 bth_hyperinflationcountries around the world on a total of 35 different occasions of which 17 occurred in 1992 alone. Currently, only Zimbabwe and Venezuela are plagued by hyperinflation. @A Financial Site For Sore Eyes & Inquisitive Minds

By Lorimer Wilson, editor of munKNEE.com – Your KEY To Making Money! 

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.@Economic Developments

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

Below is a chart of the current worldwide hyperinflation situation:

Triple-digit inflation has taken countries around the world by storm in 2018. Argentina, Iran, Turkey, Sudan, Yemen, and Zimbabwe currently have annualized inflation at the hundred and 111%, 187%, 38%, 127%, 27% and 170% and that’s not even mentioning the total destruction of the Bolivar in Venezuela. Source:

About Lorimer Wilson

Lorimer Wilson with Gold BarLorimer Wilson is an economic & financial commentator who wrights articles on economics, finance, precious metals, and the cannabis, psychedelic and plant-based food stock sectors. He is the Managing Editor of munKNEE.com, a site that provides a selection of the internet’s best finance articles in an edited, reformatted and abridged format to ensure a fast and easy read.

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15 comments

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  5. Dear Mr. Wilson:

    I am a fan of your website and can empathize with your desire that it should continue and grow stronger. I further recognize that our nation and world will soon need competent economic advice and analysis of current and future events. I am an extremely conservative and patriotic individual and I teach math for a living. I would be happy to discuss this opportunity in greater detail with you at your convenience.

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  7. Great post! Have nice day ! 🙂 beamx

    • The gvt debt will be repudiated by hyper-inflation..maybe we will see it coming, maybe not, but there is NO way to repay the massive debt.

  8. You’re forgetting the current situation in Venezula that’s happening as we consider the past…

  9. You forgot some – I think you want look at South Africa, Indonesia, Thailand and others in Asia.

    But thanks for this because I have tried to wake of friends and relatives to a phenom they have no clue about and could come to roost in the US as the dollar gets sacked as the global reserve currency.

    The weird thing is that almost all the major currencies have become a joke. This is why the central banks work hard to suppress the price of gold, it is the only true measure of their flooding the world with their worthless paper.

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  11. The article indicates changes in terms of currency units. What were the changes in purchasing power?

    • Most of the countries I visited going through these current resets usually had already suffered much of the effects of inflation.

      It also occurred to me that the Swiss devalued 20% overnight back in ~2011 or 2012 in order to re-peg to the Euro to protect their exports. Savers took a 20% hit overnight.

      In ~2000, Argentina closed their banks and when they reopened the took away the legal dollar peg and dollar convertibility. The repeg at 2/3s lower when the banks reopened.

      The UK in the 1970s also devalued 20% over night.

      This is what banksters do – aided by pandering politicians who promise the world.

  12. Thanks for serving to the blogging group. Thanks
    for the post.

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