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From the beginning of 1990 hyperinflation has occurred in 28 countries around the world on a total of 35 different occasions of which 17 occurred in 1992 alone. Currently, only Zimbabwe and Venezuela are plagued by hyperinflation. @A Financial Site For Sore Eyes & Inquisitive Minds
By Lorimer Wilson, editor of munKNEE.com – Your KEY To Making Money!
When inflation exceeds 50% per month and lasts for at least 30 consecutive days it qualifies as hyperinflation.
For all the details check out The Hanke-Krus World Hyperinflation Table which contains all 58 episodes of hyperinflation over the past 100 years, including several which had previously gone unreported. The table indicates the start and end dates of each episode, identifies the month of peak hyperinflation, and signifies the currency that was in circulation, as well as the method used to calculate inflation rates.@Economic Developments
Below is an amended and abbreviated Hanke-Krus World Hyperinflation Table
Below is a chart of the current worldwide hyperinflation situation:
Triple-digit inflation has taken countries around the world by storm in 2018. Argentina, Iran, Turkey, Sudan, Yemen, and Zimbabwe currently have annualized inflation at the hundred and 111%, 187%, 38%, 127%, 27% and 170% and that’s not even mentioning the total destruction of the Bolivar in Venezuela. Source:
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