side note: How do people survive in a country with hyperinflation?
@DoubleD Argentina has a population of around 40 million. wouldn't that number be less since they've had hyperinflation for a long time?. How could a couple afford to have children, let alone access health care.
@theFlow Argentina just hit triple digit inflation this year in a year-over-year comparison. The Hyperinflation has really just started after you hit triple-digit inflation, it's not long before the currency either collapses or you have quadruple digit inflation. Make no mistake, double-digit inflation is really bad, but nothing compared to the run-away nature of hyperinflation.
@theFlow As to the question of affording children, it's a question of standards of living. You might not be able to afford the best healthcare, but maybe you can get cold medicine still. A feature of life in hyperinflation is that there is no closed system wherein we can observe all the variables. What I do know is that black markets exist, and as things get less and less stable economically, the government will become more and more desperate to maintain power. Do not be there when it breaks.
@theFlow hyoerinflation basically means money are worthless.
So you need something of value.
In africa they use cows as savings.
Things around food will have always value like crops, livestocks, spices, fruits and vegetables.
@theFlow Another thing is if you have usefull skills or knowledge to make money.
Because many useless jobs will go away becasue it would be harder for companies to make money and will cut the cost to have minimum personal needed to make the profits
@theFlow By not being there, by having commodities to trade and the means to protect them, or by having skills to fix things, to fix people, or to create things is how you survive during hyperinflation.