Hyperinflation 'wiped out' these great currencies, is the U.S. dollar next? Steve Hanke скачать в хорошем качестве

Hyperinflation 'wiped out' these great currencies, is the U.S. dollar next? Steve Hanke

There have been a total of 62 recorded cases of hyperinflation, and in all cases, the underlying currency in the economy has failed, according to Steve Hanke, professor of applied economics at Johns Hopkins University. "If you have hyperinflation, you can wipe out a currency and you can wipe it out fast," Hanke told David Lin, anchor for Kitco News. In some cases, like Hungary in 1945, it only took 15 hours for prices to double. 0:00 - Currencies that have failed 7:43 - The source of hyperinflation 12:45 - Hyperinflating economies today 18:30 - Policy to fix failed currencies 21:48 - Bitcoin as anchor currency? 26:35 - Can U.S. dollar fail? __________________________________________________________________ Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions. Subscribe to our channel to stay up to date on the latest insights moving the metals markets. For more breaking news, visit http://www.kitco.com/ Follow us on social media: Facebook - https://www.facebook.com/KitcoNews/?r... Twitter -   / kitconewsnow   StockTwits - https://stocktwits.com/kitconews Live gold price and charts: http://www.kitco.com/gold-price-today... Live silver price and charts: http://www.kitco.com/silver-price-tod... Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscriptio... Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/ Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.