A growing procession of tech industry leaders, including Elon Musk and Tim Coo,k are warning about a global crisis in the making: A shortage of memory chips is beginning to hammer profits, derail ...

Personal finance author and money expert Robert Kiyosaki made a bold prediction on X earlier this year about the state of the economy. In short, he said hyperinflation could financially wipe out ...

The greatest trick the government ever pulled was convincing the world that inflation was a good thing. Over the course of history, dozens of once-prosperous nations have collapsed under the pressure ...

Hyperinflation is a severe form of inflation, which is the widespread increase in prices on goods and services. What differentiates hyperinflation from inflation is the rate and the causes.

“Gradually, then suddenly,” goes the Hemingway trope about going bankrupt that Bitcoiners have so enthusiastically adopted. When crypto exchanges, stablecoins and banks are collapsing left and right, ...

In November 1923, there were 4,210,500,000,000 German marks to the dollar. 4.2 trillion. In lay economics, 1 : 4.2 trillion equals worthless. Such a ruinous currency devaluation exacts steep psychic ...

Hyperinflation usually occurs during severe recessions. It develops when consumers and investors lose confidence in the government and the national currency. In 1956, economist Philip Cagan defined ...

Many mistake hyperinflation as a sign of better than good times; after all, if inflation happens in a booming economy, then hyperinflation must mean that the country is doing really well. That ...