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1/ Every major hyperinflation in history was the result of a catastrophic supply shock (w no corresponding drop in demand). In a desperate final attempt to stave off the inevitable, lots of money was created – this was a consequence, not cause, of the hyperinflation.
2/ The reality of hyperinflation in 1920s Weimar, Germany, by Modern Money Network (@thepublicmoney) Research Director @nathantankus: nakedcapitalism.com/2013/03/german…
3/ The reality of hyperinflation in general, by American economist L. Randall Wray. nakedcapitalism.com/2011/09/randy-…
4/ The reality of hyperinflation in 1920s Weimar, Germany and Zimbabwe, by Edward Harrison: nakedcapitalism.com/2010/05/mmt-fe…
5/ The reality of hyperinflation in Zimbabwe, by Australian economist Bill Mitchell (@billy_blog): bilbo.economicoutlook.net/blog/?p=3773
6/ The reality of hyperinflation in Venezuela, by American economist @FadhelKaboub: inthesetimes.com/article/21660/…
7/7 To #LearnMMT in general, here's a good place to start.
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