Economics

brypto

This is surprising. 

Makes me wonder (a) what part of my mental model needs updating, or (b) where the error is in the calculus.

Building something new. Host: /venturecapital /adventures /theitinerant

Error in the calculus is probably partly due to these are countries at v diffeeent stages of development and that this is looking at aggregate price level, which is also including how screwed the economy was. If economy goes to pot, and govt pumps in 20% of GDP, then inflation overall could stay level 

In addition, most countries on 40%+ inflation had other economically damaging things going on alongside covid surely