During Hyperinflation, How is the Public Made Aware of Lost Purchasing Power so Quickly?
In: Economics
If it comes out of the blue, then you’ll notice it when suddenly lots of products are constantly out of stock. That’s a major sign of sudden inflation, *or* a general drop in productivity, or both.
That’s how we realize that money is currently overvalued – there is more money than there is things to buy with that money.
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