Deficit Owls | What Caused Hyperinflation In Zimbabwe? @deficitowls5296 | Uploaded August 2016 | Updated October 2024, 2 hours ago.
Professor Bill Mitchell discussing the biggest cause of hyperinflation in Zimbabwe, which was a major reduction in the productive capacity of their economy. Demand + No Supply = Rising Prices (which, in our current system, will be followed by increases in the money supply).
See the whole video here: youtube.com/watch?v=hTWEFKH144M
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Professor Bill Mitchell discussing the biggest cause of hyperinflation in Zimbabwe, which was a major reduction in the productive capacity of their economy. Demand + No Supply = Rising Prices (which, in our current system, will be followed by increases in the money supply).
See the whole video here: youtube.com/watch?v=hTWEFKH144M
Follow Deficit Owls on Facebook and Twitter:
facebook.com/DeficitOwls
twitter.com/DeficitOwls