hyperinflation

Turkey is a cautionary tale and perhaps a harbinger of things to come for other countries with weakening currencies. The Turkish lira has fallen by nearly 45% against the dollar so far this year and has plummeted as much as 20% in one…

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 of hyperinflation. Today, the U.S…

We've been keeping track of Weimar signs in this rag since April of last year when it became evident that we were headed into an extended lockdown that included artificially restricted economic activity and money printing. Yesterday's…