How to stop (hyper) inflation...

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kaspaas

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Hyperinflation, says Steve H. Hanke, a professor of applied economics at Johns Hopkins University in Baltimore and an expert on the subject, "is a very simple equation" -- stop printing money and it stops. A bout of severe hyperinflation in Yugoslavia in the 1990s paused, he says, when the country's mint "just maxed out," and it couldn't print new money fast enough.
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http://www.moneyweb.co.za/mw/view/mw/en/page94?oid=213457&sn=Detail

Wish Tito would take note... stop printing money and inflation will be reduced.
 
Well - the proof of THAT pudding is now in the eating as they say.
Zim is no longer getting its money printed - so, in effect, it is no longer printing money.

Let us see.
 
I don't get our country. We have applied contracting monetary policy to restrict the availability of money and to increase its cost. On the other hand we have expansionary fiscal government spending. In other words, do they have a set goal they wish to achieve?
 
Moederloos said:
Well - the proof of THAT pudding is now in the eating as they say.
Zim is no longer getting its money printed - so, in effect, it is no longer printing money.

Let us see.
Click to expand...

Heard about that on the news today after the latest sanctions. Cash in transit heists might become viable again in Zim:p.
 
Printing money isn't the biggest culprit. Loans and debt is. Just like that money is created. Hiking interest rates, will lower loans and debt, hence bringing inflation down. :rolleyes:
 
If inflation is imported via food and oil prices then Tito can huff and puff as much as he like...its not going to make a difference. Or worse it won't make a difference inflation-wise and still push us into stagflation.:eek:
 
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