I live in Mexico. We have experienced devaluation and hyperinflation many times. What happens in such an environment is that consumerism takes over. You do not keep your suit for as long as you can, on the contrary, you get your pay check and run to see what you can still buy with that amount before the prices go up. Buying and selling becomes very difficult because it is hard to keep up with the changing value of money. If you have the cash, you can take advantage of the disparities that arise. That is how some super rich people have made their money. For me there is a clear lesson to be learned: get out of debt and take your money out of the system, so you are prepared to make the most out of turbulence when it finally gets installed.
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