News with the tag "Hyperinflation"

A look at the lived experience of going through hyperinflation in Lebanon.

Lynette Zang, CEO of Zang Enterprises, asserts that hyperinflation is already underway, predicting a further decline in the U.S. dollar’s value. According to Zang’s recent interview with Kitco, the current financial trends indicate that the dollar’s purchasing power will reach zero, leading to a sig...

On August 16, 2024, David Lin interviewed John Cochrane, a renowned economist and Senior Fellow at Stanford University’s Hoover Institution. Cochrane discussed a wide range of economic topics, including inflation, fiscal policy, and the prospects of hyperinflation. The Myth of Price Gouging and Infl...

Skepticism about the digital euro is strong in Germany, especially among older citizens who prioritize privacy and security in financial transactions. Many Germans remain resistant to the idea of a digital currency, with about half unable to imagine using it. Bundesbank President Joachim Nagel has c...

Inflation is not a natural phenomenon but a consequence of government actions. Milton Friedman famously argued that only the government can create inflation, and misguided policies, like price controls, worsen the problem. Friedman Famously Said: ‘Inflation Is Made by Government and No One Else’ Mil...

The entrepreneur and investor has a net worth of $5.4 billion as of 2024 and is no stranger to the world of digital assets.

Egon von Greyerz, a former banker and gold analyst, claims that gold and silver are set for a price rally amidst an upcoming collapse of the U.S. financial system. Von Greyerz states that interest rates will exceed 10% in a hyperinflationary environment, fueled by the issuance of unlimited debt and ...

Zimbabwe has replaced its faltering local dollar with a new gold-backed currency, named the Zimbabwe Gold (ZiG). This move, instigated by the administration of the President Emmerson Mnangagwa, indicates a major change in the nation’s monetary policy. ZIMBABWE'S MUCH ANTICIPATED NEW GOLD-BACKED 'STR...

Regardless of what changes Javier Milei brings to Argentina’s monetary system, stablecoin is likely to have an unshakable place in the economy, Sebastián Serrano said.

Rich Dad Poor Dad author Robert Kiyosaki has urged investors to prepare for hyperinflation, emphasizing that bitcoin is “your best protection.” He perceives the cryptocurrency as “people’s money,” the value of which cannot be controlled by governments. Robert Kiyosaki: Bitcoin Is Your Best Protectio...