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Sunday, November 14, 2010

A Picture is Worth a Thousand Words

I just finished discussing hyperinflation with my macro economics class. They'll see this picture tomorrow. It proves that a picture is worth a thousand words.

From Greg Mankiw's blog.


  1. Hi there and thanks for the mention!

    Could you perhaps email me?


  2. No ZIM dollars, haha.

    I think the USD's situation will be unique and somehow I don't see Weimar/Zimbabwe style hyperinflation happening, but it doesn't mean that a severe loss in purchasing power isn't in the cards.