Tag Archives: countries with hyperinflation

The root cause of hyperinflation is a large Government deficit which is financed by money creation rather than other options like increased borrowing or higher rates of taxation. The following infographic looks at 5 occasions when currencies crashed in a big way.

Out of control spending by a government is always the cause of hyperinflation. The debt ceiling had been the last remaining roadblock to unlimited federal government spending. By suspending the debt ceiling, the U.S. government has given itself a blank cheque, taking one giant leap down the road leading to the hyperinflation of the US dollar. Words: 632

The United States is one of the few countries to have experienced two currency collapses during its history (1812-1814 and 1861-1865). Is it about to happen again? Words: 1450