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The Chinese hyperinflation was the extreme inflation that emerged in China during the late 1930s, [1] extended to Taiwan after the Japanese surrender in 1945, and concluded in the early 1950s. [ 2 ]
The hyperinflation drew significant interest, as many of the dramatic and unusual economic behaviors now associated with hyperinflation were first documented systematically: exponential increases in prices and interest rates, redenomination of the currency, consumer flight from cash to hard assets and the rapid expansion of industries that ...
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When inflation is very high, and a country tries to finance public spending by printing more money, the act of printing more money, by increasing the rate of inflation, could reduce tax revenue by more than the real value of the income from inflationary finance (from the printing of money).
By considering a small "window" of the signal, these algorithms look for evidence of a step occurring within the window. The window "slides" across the time series, one time step at a time. The evidence for a step is tested by statistical procedures, for example, by use of the two-sample Student's t-test.
A 500 billion dinar banknote, which was the largest denomination banknote printed in Yugoslavia. Between 1992 and 1994, the Federal Republic of Yugoslavia (FRY) experienced the second-longest period of hyperinflation in world economic history [1] after that of 1920s Russia, [a] caused by an explosive growth in the money supply of the Yugoslav economy during the Yugoslav Wars. [3]
A daily indexed unit of account or Daily Consumer Price Index (Daily CPI) can be used in contracts or in the Capital Maintenance in Units of Constant Purchasing Power accounting model, to ensure that deferred payments and constant real value non-monetary items are indexed to the general price level in terms of a Daily Index. This is done so ...