Hyperinflation: Dollar Devaluation Measured By Big Mac Index

The Economist’s Big Mac Index is widely respected as a measure of currency valuation. Typically it is used to compare across countries. But it can also be used across time. Here, we take a look at how a 2012 dollar compares with a 1986 dollar. In 1986 you could buy a Big Mac with $1.60. …

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Hyperinflation, Competitive Devaluation and Consumer Caution

This weekend’s headlines were not good and provide more hints of impending global hyperinflation which raises concerns about economic growth. The big front-page story in the Wall Street Journal was about consumers cutting back on spending. Also on the front page, but with a smaller headline, concerns fears of competitive currency devaluations by Japan and …

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