User Profile: 1k

Member Since: November 14, 2012

CommentsDisplaying 1k's 10 most recent comments.

  • A Few Notes on Hyperinflation

    November 14, 2012 at 4:59pm

    In all the hyperinflations cited in the article, I think, most of the currency in peoples hands was printed paper. That paper later had to be replaced by an entirely new currency such as the rentenmark in Germany. Would the cycle of hyperinflation/currency replacement be expected to be much different in a system that relies so much on electronic money. The hyperinflation would still occur but would a government ordered sliding of decimal points in electronic money accounts be used to clean it up. Like a big tax levied against all electronic money.