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nopedoesntwork t1_j9podv3 wrote

How can a country be hit so hard for so long by inflation and still not collapse?

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LyptusConnoisseur t1_j9rdu6y wrote

They get used to it.

The economy dollarizes, which means they change all local currency into dollar, euro, gold, etc. Things that won't lose value. They use said asset to make trade rather than the local currency.

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Shuber-Fuber t1_j9rzngg wrote

Or they switch to bartering.

Basically international trade is more or less fucked, but internally potentially tolerable.

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UniquesNotUseful t1_j9qa7m1 wrote

Strong growth, people put all earnings in the stock market, the age geographically advantaged and have good access to energy. They could be doing a lot better.

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