Israel's 1983 hyperinflation, from Sargent and Zeira (2011): Israel 1983: A bout of unpleasant monetarist arithmetic (click to enlarge).
Sunday, June 12, 2011
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An Economic Re-Examination of Current News Articles
But then it looks like the currency got stronger, it seems like it became even stronger than 10-15 years before the hyperinflation... I've never seen such a graph.
ReplyDeleteI guess they printed new money with different face value, therefore the sudden "drop of inflation" figures.