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Wednesday, May 26, 2021

Hyperinflation is coming...

I guess we all feel the real life inflation via shopping these days as nearly everything costs much more than a year ago. Here I'm sharing some more academic data to show how much inflation has invaded our life. Although in terms of the historical hyperinflation, the current inflation rate is still quite mild, the trend is very worrisome. Overtime, it will catch up and lead to a crisis if not controlled appropriately. 

Regardless how you look at it, one thing is clear: our money is worth less and less each passing day!   




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