Category Archives: Hyperinflation

This category contains blogs about hyperinflation

Those Imbecilic Keynesianisticists are loose – lock up your … whatever!

It is Wednesday – a blog lite day – sort of. I am travelling a lot today and I have a large report to finish. But I couldn’t resist typing out the term “Keynesianisticists”, which refers to those imbeciles who … Read the rest of this entry »

Posted in Economics, Fiscal Statements, Framing and Language, Hyperinflation, Music | 33 Comments

Is exchange rate depreciation inflationary?

One of the first things that conservatives (and most economists which is typically a highly overlapping set) raise when Modern Monetary Theory (MMT) proponents suggest that increased deficits are essential to reduce mass unemployment is the so-called balance of payments … Read the rest of this entry »

Posted in Demise of the Left, Hyperinflation, Inflation | 25 Comments

Overt Monetary Financing – again

Adair Turner has just released a new paper – The Case for Monetary Finance – An Essentially Political Issue – which he presented at the 16th Jacques Polak Annual Research Conference, hosted by the IMF in Washington on November 5-6, … Read the rest of this entry »

Posted in Central banking, Economics, Hyperinflation, Inflation | 46 Comments

Zimbabwe for hyperventilators 101

Zimbabwe is the new Weimar Republic. Not! Zimbabwe is the front-line evidence that shows that government deficits will generate hyper-inflation. Not! Zimbabwe is the demonstration of the folly of a fiat monetary system. Not! Zimbabwe is an African country with … Read the rest of this entry »

Posted in Debriefing 101, Hyperinflation | 29 Comments

When is a job guarantee a Job Guarantee?

In the current edition of the German weekly Magazine Der Spiegel (“The Mirror”) there is an article about a “new idea to keep unemployment down” entitled Germany Mulls ‘Parking’ Unwanted Labor in New State-Funded Firms. The thrust of the proposal … Read the rest of this entry »

Posted in Debriefing 101, Hyperinflation, Job Guarantee | 6 Comments