>> Zimbabwe’s inflation happened because the country had debt denominated in USD and CNY, along with massive political instability, a shrinking economy, and a war happening all at the same time. Couple that with a useless central bank and you have hyperinflation.
No mention of velocity or the role of human behavior in an inflationary environment.
No mention of velocity or the role of human behavior in an inflationary environment.
You argue in bad faith.