Hyperinflation: what causes it, how to prevent it & how to stop it - EP158

<p>What causes hyperinflation and how can it be avoided in the first place or stopped if it occurs? What characterizes countries which fall victim to hyperinflation? A conversation between show host Gene Tunny and his colleague Arturo Espinoza which explores the economic theory and evidence around hyperinflation, and discusses peculiarities which can arise in hyperinflation-afflicted economies - e.g. pensions denominated in cows in Zimbabwe.  </p><p>Please get in touch with any questions, comments and suggestions by emailing us at <a href="mailto:contact@economicsexplored.com">contact@economicsexplored.com</a> or sending a voice message via <a href="https://www.speakpipe.com/economicsexplored">https://www.speakpipe.com/economicsexplored</a>. </p><h3>Links relevant to the conversation</h3><p>Current inflation rates around the world:</p><p><a href="https://tradingeconomics.com/country-list/inflation-rate?continent=world">https://tradingeconomics.com/country-list/inflation-rate?continent=world</a></p><p>What is hyperinflation and should we be worried? (WEF article from June 2022):</p><p><a href="https://www.weforum.org/agenda/2022/06/hyperinflation-inflation-interest-rate/">https://www.weforum.org/agenda/2022/06/hyperinflation-inflation-interest-rate/</a></p><p>Wikipedia entry for former Peruvian President Alberto Fujimori</p><p><a href="https://en.wikipedia.org/wiki/Alberto_Fujimori">https://en.wikipedia.org/wiki/Alberto_Fujimori</a>   </p><p>Why a Zimbabwean firm offers pensions denominated in cows | The Economist</p><p><a href="https://www.economist.com/middle-east-and-africa/2022/05/14/why-a-zimbabwean-firm-offers-pensions-denominated-in-cows">https://www.economist.com/middle-east-and-africa/2022/05/14/why-a-zimbabwean-firm-offers-pensions-denominated-in-cows</a></p><p>The Modern Hyperinflation Cycle: Some New Empirical Regularities (IMF Working paper from 2018):</p><p><a href="https://www.imf.org/en/Publications/WP/Issues/2018/12/07/The-Modern-Hyperinflation-Cycle-Some-New-Empirical-Regularities-46368">https://