Starving Billionaires

The History of Inflation and HyperInflation: How Governments and People Battled the Last 10 Great Inflations

De: Kendrick Fernandez

Narrado por: Dave Wright

Duración: 3 h y 20 m

Resumen del Editor

Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.

This quote, by a popular former US President, reflects the suffering of millions of innocent victims of runaway inflation and hyperinflation throughout history.

The reality of hyperinflation is exponential price increases, worthless currency, and food shortages. They are normally preceded by war, revolution, famine, or pandemics. In some cases, they are the results of decades of fiscal malpractice. Inflation has become a prominent subject of discussion in the United States and across the world.

There have been dozens of recorded hyperinflations in modern history. The most devastating hyperinflation happened just after World War II in one of the Axis powers when prices surged by 4.19 quintillion percent. One quintillion is one followed by 29 zeros. Prices doubled every few hours. The most recent hyperinflation episode has been happening in Venezuela since 2016. America has never had hyperinflation, but they came close twice. This book looks at 10 prominent hyperinflations across history. We look at what led to the hyperinflation, the first troubling signs, and government malpractices. We also pay close attention to life for the common man, life for wealthy government officials, and popular inflation hedges employed by people and businesses. Finally, we look at how the country attempted to solve the inflation problem and deleverage the currency.

Here’s what’s included in this book:

• How hyperinflation led to the rise of Hitler and World War II
• How hyperinflation led to the most significant Revolution in History
• How ancient hyperinflation led to serfdom in the Middle Ages
• How two great US inflations almost destroyed the country and its future
• How North Korea recently tackled hyperinflation
• Common patterns among all hyperinflation

©2021 Abiprod Pty Ltd (P)2021 Abiprod Pty Ltd

World Class Research on Inflation

I really loved the research and style of narration.
Must have taken years to accumulate this amount of data. Amazing!!

Informative!!

This is an informative book. I really like it to listen. Because this book is one kind of store of knowledge.

solid work

This is a solid overview of the major fiat currency hyperinflation episodes. Because of its numerous citations (mostly historical data) it will probably need to be reviewed or even be a good physical book to own. There were no controversial opinions I found or political bias and instead just basic historical facts and timeliness.

Excellent!!

This book is an excellent book. The book often regarded as the first serious study of HyperInflation.

good book not drawn out

good book, to the point with examples. Goes over how some of the things that happen in almost before and during several inflations and hyperinflations in the past.

Informative!

This book is an informative book. If you listen this book properly, then you will know many important information.

Appreciate it!

I really appreciate the author Kendrick Fernandez work. This book is amazing. Must listen it!!

Well research!

This book is well research book. The author did many research on this topic and publish this book. Thanks!

Awesome book!

This book is an awesome book. I really like all the chapter and the narrator voice. Easy to understand everything.

Good book!

This book is very well written book. The author Kendrick Fernandez did so many research on this topic.