: How high can inflation rise before it becomes an existential threat to an economy and why?

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: How high can inflation rise before it becomes an existential threat to an economy and why?

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Anonymous 0 Comments

When prices outpace wages to the degree that a day’s work won’t cover a day’s expenses of food & shelter. Existential crises happen when the kids are hungry.

Anonymous 0 Comments

There’s no such thing as an existential threat to an economy. The fact of economy persists even in anarchy or revolution or without currency. It just changes in such a way that it is broadly perceived as shitty.

Anonymous 0 Comments

When no one knows how much your currency is even worth, it is a bad sign. When people start using barter, your nation is collapsing. Humans began using fiat money because it was easier than bartering.