Sorry but this data source is gotta be really wonky. Kasachtan was part of the USSR in the 60ies, Trinidad and Tobago was a Colony at the time theyre listed here, POLAND didnt even exist as a state from 1800 until after WW1, Germany didnt exist in 1800 either, neither did Belgium. It'd probably be best to keep this to maybe 1950 until today
Some people think that Venezuelan inflation was not that bad because prices were shown in millions instead of billions or trillions. The problem is that Venezuela reconversed its currency at least 4 times. Wich mean they had to erase 0's to make things a little more easy to handle. At the end of the day the prices were IN FACT close to trillions.
South Sudan: Take that! Venezuela: Huh, you underestimate me. BOOM! South Sudan: I can still catch up to a thousand- Venezuela: What about now? South Sudan: Oh sh... South Sudan: How? You're at 70 th- 100 thousan- ONE MILLION?!
In Venezuela people would make paper art from their money and sell it over seas because it was the only way to exchange it for literally anything. Remember people socialism works 😂
I just want to say here, that I hope the people commenting here are also emotionally aware of the destitute deprivation that the people living in these countries have/had to face, beyond all the ephemeral graph wars that we all make a funny tone-divorced almost wholesome meme, perhaps even to help some who understand the intention laugh to overcome and distract.. to happier things.
I think it's just a worry that inflation may take a while to get under control. Realistically with 8.5% inflation long rates should be in the double digits. The reason they're still below 3% is there's still this belief that the inflation is transient. If there are signs inflation is going to hang around longer than the bond market is currently expecting, all hell is going to break loose and it's going to vaporize the stock market. Watch inflation indicators very carefully
BTW not to come across as too bearish... if we see signs in the near future that inflation is moderating then we can get a big rally in stocks. My crystal ball just isn't telling me which one it is yet
Being a new trader, I'll cherish the idea of being educated more on how the yield correlates with the market and inflation. If you could be kind to share some materials I can read, Will be much appreciated. thank you.
@@wiebeplatt4749 From the little I learnt from my advisor who's a pundit, Inflation mostly affects stock yields in that, as inflation erodes the value of a dollar of earnings, it makes it difficult for the market too gauge the current value of the companies that make up market indexes. On the flip side, inflation favors value stocks (if you know how to take advantage of this in the market). I gain always from inflation because of the picks my advisor makes. I hope this helps.
@@PhilipMurray251 this is honestly encouraging, because I've always stuck with the growth stocks and loss has been a common occurrence in austere times like this. If you don't mind, who's the advisor you work with? will love to reach out for a rescue.
