Finance & Fury Podcast

Welcome to Finance and Fury, the Say What Wednesday Edition, Where we answer your questions, today's question is from Sol Tau Thanks for the Podcast and all the great info it provides. Could you explain what leads to hyperinflation and if there is any possibility of seeing that sort of scenario in Australia? This is a great question – and one topic I was going to tackle in a few weeks in relation to the monetary reset to crypto – so I'll jump the gun and cover potential hyperinflation First – What is hyperinflation? In economic terms - hyperinflation is very high or highly accelerating inflation rates Inflation is the measurement of the increase in prices of goods = CPI in measurement terms – basket of goods and how the costs to purchase them changes Central bankers try to use inflation to reduce the real value of the debt to give debtors some relief in the hope that they might spend more and help the economy get moving again Therefore – hyperinflation quickly erodes the real value of a currency – due to