Hyper-inflation: What Caused it and How to Beat it

Keep calm thee for thy money is abundant, just worth 8% less than it was a year ago.

How did we get here?

At the start of the pandemic in March 2020, we saw a rush of economic stimulus facilitated by the US government. These actions prevented the economy to collapse domestically and globally. However, they also resulted in three main consequences that ultimately netted in 7.9% inflation — the highest record in 40 years.

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Vic Danh

Vic Danh

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Associated Research Scientist and MBA candidate. A life-long learner and observer of technological, health and social trends, and a part-time creative writer.