In instances such as Zimbabwe or Argentina, where hyperinflation spirals out of control, how do people feed themselves and pay for the bare necessities? Does the government step in and provide the support needed to prevent mass starvation?
In: Economics
does the government step in…no. The government is literally the cause of the problem.
People get by with a large amount of suffering as money becomes worthless. They feed themselves by trading. Basically a more elaborate version of “I’ll give you my apple for your orange”
Latest Answers