Matthew O’Brien wote a fantastic article at the Atlantic about the drummed up hysteria over hyper inflation.

Money quote:

Weimar Germany and Zimbabwe have both captured our popular imagination when it comes to money-printing ad absurdum, but post-war Hungary has both of them beat. By many, many orders of magnitude. Indeed, on an annual basis, Hungary’s peak inflation rate was over 10,000,000,000,000,000 times more severe than Weimar’s. Prices in Hungary doubled every¬†15 hours.

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