Tag Archives: failure

Hyperinflation is defined as over 50% inflation per month. Let´s define ´normal´ inflation as anything between 0 and 1% per month and anything between 1 and 50% per month as superinflation (1% a month is still a lot, yearly!). Before President Milei, Argentina already knew superinflation. After Milei, inflation accelerated, and the country almost entered a period of hyperinflation. It´s still nearly 200% a year. The maximum monthly increase of the consumer price index was over 24%. These...

https://sputniknews.com/analysis/201901051071233435-eurozone-fragmentation-euro-economy-issue/ Collapse of the European Integration ‘is on the Cards’ – Professor 06:06 05.01.2019 With 2019 beginning and the EU as fractured as ever, increasing scrutiny has been placed by leading economists on the bloc’s single currency the EU. Which they argue has caused more harm than good. Sputnik spoke with Stavros Mavroudeas, Professor of Political Economy at the University of Macedonia for...