PPRuNe Forums - View Single Post - Growing Evidence That The Upturn Is Upon Us
Old 18th Feb 2009, 13:04
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quant
 
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Robert Cole's Recessionsaurus - Your essential guide to language in the 21st century

Hyperinflation is to inflation what depression is to recession: the same only much worse. Opinion divides as to textbook definitions: but inflation that runs at 10 per cent or more a month, or 100 per cent or more a year, is hyperinflation. When inflation gets really bad it destroys faith in currencies, and when faith in currencies dissolves, economic activity goes down the drain. Money helps trade, and helps build complex - hopefully civilised - societies. Without money, civilised societies are weakened, and inefficient bartering takes the place of more advanced, better, forms of life-enhancing trade.
Robert Cole's Recessionsaurus - Times Online

Unfortunately they'll overcook it and we'll see hyperinflation at some point
I hope you're wrong WWW
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