hyperinflation is not due to people's greed (people are always greedy, so hyperinflation should always occur); rather, it's due to the government's printing too much currency.
When a government's revenues don't pay its operating costs, the government sometimes (instead of raising taxes or cutting expenses) simply prints more currency. Since the supply of currency increases, its value in terms of other goods and services decreases, so the price of everything rises.
In countries where hyperinflation is occurring, you see people carrying bundles of bills to pay for goods and services. Since people don't normally carry bundles of bills, someone (namely, the government) must have created all of those new pieces of paper. When the government stops printing new bills, the hyperinflation stops.
When a government's revenues don't pay its operating costs, the government sometimes (instead of raising taxes or cutting expenses) simply prints more currency. Since the supply of currency increases, its value in terms of other goods and services decreases, so the price of everything rises.
In countries where hyperinflation is occurring, you see people carrying bundles of bills to pay for goods and services. Since people don't normally carry bundles of bills, someone (namely, the government) must have created all of those new pieces of paper. When the government stops printing new bills, the hyperinflation stops.
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