Hyperinflation - It's More than Just a Monetary Phenomenon
Cullen O. Roche
Orcam Financial Group, LLC
March 30, 2011
Abstract:
In this paper I will argue why the common misconception that “inflation is always and everywhere a monetary phenomenon” cannot be used to explain most historical hyperinflations. I will argue that “money printing” is often the response to exogenous and unusual events and not the direct cause of the hyperinflation.
Number of Pages in PDF File: 9
Keywords: hyperinflation, monetary
working papers series
Suggested Citation
Roche, Cullen O., Hyperinflation - It's More than Just a Monetary Phenomenon (March 30, 2011). Available at SSRN: http://ssrn.com/abstract=1799102 or http://dx.doi.org/10.2139/ssrn.1799102
