Macro Musings with David Beckworth cover image

Bryan Cutsinger and Louis Rouanet on the Politics and Dynamics of Hyperinflation in Revolutionary France

Macro Musings with David Beckworth

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The Inverse Relationship Between Inflation and Real Balance

The one group that really supports the ASEAN's begins to lose power. And so you see this idea that this asset that you're holding is in question increasingly. So it loses value, inflation takes off, you go to hyperinflation. It's a very fascinating story, and we'll let the listeners go look at your paper for more details.

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