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Submitted by Leosis on
Hello Edward, we have Inflation and Inflation then we also have hyper inflation. Which of the 3 are you talking about? See below from Ha-Joon Chang on Inflation (select comment but very valid) "During South Korea’s period of supergrowth, inflation was between 17% and 20%. This is higher than many of the Latin American countries. Even the most liberal intellectuals like Bill Easterly, ex-economist for the World Bank, stated that if inflation stays below 20%, it won’t make much of a difference. There are no studies that categorically defend inflation indexes below 10%."