Inflation and hyperinflation results in F.U.B.A.R on an epic scale. It can cause social and economic collapse and war and in short, change history- for the worse. If you are worried about inflation, who is not, then F.U.B.A.R. (F****d Up Beyond All Recognition) FROM INFLATION TO HYPERINFLATION is a work that you need to read.
Some observers now wonder as society suffers from high inflation are we again at risk of Hyperinflation and its terrible consequences. Those who read this book will understand this economic disaster and its repercussions. Hyperinflation is usually the result of government policies and elite interests' decisions. This work allows the reader to understand how it happens and how it can be stopped.
The author in a an easy to understand, way traces the tragedy of hyperinflation. From Ancient China, through Rome to the Middle Ages he shows us how the evil of uncontrolled inflation has been unleashed. Then he moves to the modern era and in an entertaining manner narrates how the reckless printing of money has led to inflation and often tragedy. From the Scottish Adventurer John Law to the Weimar Republic, the author tells the story of how reckless issuing of currency resulted in price rises that has devastated the ordinary people. He shows us that astonishingly even today there are many who want to persist with the policies that lead to inflation and argue that the elites have learnt nothing. Indeed, they are happy to repeat the mistakes of the past.
This work's style is straightforward and there is no jargon. Economic and other theories are discussed in a way that anyone can understand. It tells the story of Hyperinflation and inflation in no-nonsense way, and it also has a host of interesting facts that will help you to see our world in a unique way.