What next buzz Hyperinflation?
With Oil falling below $34/b indicates we are going through Deflation. What next buzz is Hyperinflation; through the reading of Hyperinflation comes across a couple of good links -
Morgan Stanley Hires Supertanker to Store Oil in Gulf
Jan. 19 (Bloomberg) — Morgan Stanley hired a supertanker to store crude oil in the Gulf of Mexico, joining Citigroup Inc. and Royal Dutch Shell Plc in trying to profit from higher prices later in the year, two shipbrokers said. The ship is the Argenta, capable of carrying more than 2 million barrels…
Ka: A random exogenous event (e.g., a stock market crash predicted in 1999 for year 2000 and recession predicted for 2001) intensifies disinflation created by Asian vendor financing, causing the Fed to shift from bubble fighting to anti-deflation polices.
Poom: A random or not so random exogenous event that has not yet happened (the stock market crash we predicted for 2000 did not have the impact we expected) exposes the true level of risk to lenders that is inherent in this unbalanced system, causing lenders to loose confidence in the future purchasing power of the dollar and seek alternative reserve assets.
A kilogram of bacon cost 20 trillion dinars in Serbia in 1993. In 1946, Hungary released the Szazmilljo B.-pengö (100,000,000,000,000,000,000), the banknote with the most zeros in history, and in Germany, an egg cost up to 150 billion marks in 1923. These are just a few examples of the history of hyperinflation, a condition in which prices increase rapidly as a currency loses its value. There are many modern-day cases as well.
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I'm Gurinder nesting in UK working as a Software Engineer in Telecom. I started this blog to note down my activities; mainly regarding financial engineering and news. It's not to advise someone, just mear to record for myself; although comments are more than welcome. More interested in my life its