• Economy

    What Is Post Pandemic Hyperinflation And Why Do We Care?

    The world is now amid the worst financial crisis since the Great Depression. It doesn’t look like we’re getting out of it anytime soon. With people’s salaries and savings diminishing with each passing day, it’s time we look at what will happen if this situation persists for too long or worsens even further. There are two main scenarios as far as hyperinflation goes: One where hyperinflation happens very quickly (usually because there has been some kind of breakdown in society) and one where it takes much longer for inflation to reach such high levels. Let’s first talk about how rapidly things can change when hyperinflation hits quickly. Hyperinflation could be…