Money For the Rest of Us What Causes Hyperinflation and What To Do To Prepare For It
Feb 19, 2020
24:22
What factors lead to hyperinflation, why it is so devastating, how hyperinflation can be overcome and what can individuals do to be prepared for hyperinflation.
Topics covered include:
- What causes inflation and how do central banks manage it.
- How the causes of hyperinflation differ from more normal levels of inflation.
- What is the biggest challenge of living in a country with hyperinflation.
- How Zimbabwe and other countries were able to overcome hyperinflation and how Venezuela is slowly taking steps to combat hyperinflation.
- Why Zimbabwe is again experiencing high inflation.
- How individuals can protect against inflation.
- What individuals can do to prepare for hyperinflation in case it comes.
Thanks to Netsuite and Policygenius for sponsoring the episode.
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