100 Years ago, German Hyperinflation
This morning while looking at an app on my phone, it says that in 1923, a century ago, a loaf of bread in Germany sold for 140 billion marks. This episode of hyperinflation is the…
Philippe Waechter's blog
Germany 1923 versus World 2021
What can happen if the scenario underlying all the economic policy measures to face the epidemic shock is not the right one? What could happen if the health crisis continues?Risk…
Venezuela: The crisis is far from being over
Venezuela is in crisis. Its economic activity is collapsing, its inflation rate is skyrocketing and the value of its currency is falling like a stone. People are leaving the country…