ENCORE UNE FOIS, je reposte ce lien vers un article de la FED/FRED qui explique ce qui sa passe lorsque des hommes politiques irresponsable dispose du contrôle d leur monnaie, et euvent emprunter linrement à taux zéro à leur banque centrale :
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https://fredblog.stlouisfed.org/2017/01/hyperinflation/
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You might guess that hyperinflation refers to increases in the price
level at very high rates. There’s no official threshold for “very high,”
but the four cases shown in the graph are clearly examples of
hyperinflation. The most spectacular case in FRED is Zimbabwe : The data
are incomplete because in 2009 the country actually stopped reporting
inflation, which likely rose several orders of magnitude higher that
year. First, to be clear, Zimbabwe’s inflation rate of 24,000% means
that prices were multiplied by 241 within a year. Peak hyperinflation in
the other three countries has a factor of 42, 32, and 30. Second, why
does hyperinflation occur ? Generally, it’s because the government takes
over the central bank and finances its operations by printing money. As
people see this occurring, money loses value and the government has to
print even more to stay afloat. This vicious circle can then be broken
only by a radical change of practice : In Zimbabwe, that was abandoning
the use of the local currency, which is indeed radical, as the country
reported deflation in some years since going cold turkey. (Turkey, by
the way, also has had periods of very high inflation, but not as
dramatic as our examples. We reported on this earlier.)
How this graph was done : Search for “Zimbabwe inflation.” Once
you have the graph, use the “Edit Graph” option to open the “Add Line”
tab to search for other inflation rates. Repeat until satisfied.
Suggested by Christian Zimmermann.