Jump to content
House Price Crash Forum
Sign in to follow this  
danlightbulb

Are We Boardering On Hyper Inflation

Recommended Posts

From wikipedia: http://en.wikipedia.org/wiki/Hyper-inflation

Governments will often try to disguise the true rate of inflation through a variety of techniques. These can include the following:

Outright lying as to official statistics such as money supply, inflation or reserves.

Suppression of publication of money supply statistics, or inflation indices.

Price and wage controls. currently happenning in public sector pay deals

Forced savings schemes, designed to suck up excess liquidity. These savings schemes may be described as pensions schemes, emergency funds, war funds, or similar. currently happenning with Browns forced pension ideas

Adjusting the components of the Consumer Price Index, to remove those items whose prices are rising the fastest.

Also from wiki: (same page)

International Accounting Standard 29 describes four signs that an economy may be in hyperinflation:

1. The general population prefers to keep its wealth in non-monetary assets or in a relatively stable foreign currency. Amounts of local currency held are immediately invested to maintain purchasing power.

I take it that non-monetary assets include houses?

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 355 The Prime Minister stated that there were three Brexit options available to the UK:

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.