Market Review and Trends
Cory Diary : Hyper Inflation Thoughts
By CoryLogics  •  September 13, 2020
Hyper-Inflation is when prices of goods rocketed so high that our saving in the banks has it's purchasing purchasing power deteriorate exponentially. A cup of coffee costing $1.20 today may cost $5 tomorrow. And probably $100 by end of the week. As you can see, basically our saving got burnt through like toilet paper literally. So for folks out there who's complaining about inflation that a cup of Kopi that only cost $0.40 more than 20 years ago, compounded across 20 years is actually only 5.6%. This is not really a big deal considering this is small price item relative to our salary even though it may not enjoy same amount of rise in percentage. So we see nothing yet on what Hyper-Inflation can really do to our cost of living But it can happen if our country is mismanaged. One of my kiasi theoretical thought is what-if we have a Hyper-Inflation or something that is large enough which are of concern....
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By CoryLogics
I am not an investment adviser. Nothing herein my blog constitutes investment advice. Is my personal believes that not everyone has to go through the hard way. This blog also serve a purpose to help me record my understanding and personal learning growth. I sincerely welcome all comments.
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