恶性通货膨胀

恶性通货膨胀,通胀的顶级升级版,大对数人不会有切身经历,但是它一直都在发生。南美洲的委内瑞拉四年内货币贬值99%,光2017年二月CPI在就比去年同期上升了741%。现在一个玻利瓦尔(委内瑞拉的货币单位)的价值小于一个Satoshi。也就是说,一块比特币k可以兑换1亿多个玻利瓦尔。

Photo Sep 28, 8 03 52 AM

Photo Sep 28, 8 05 15 AM

相比而言,美元的情况就要好很多,从1913年美国开始脱离金本位到2015的102年间,美元仅仅贬值了96%。如果把委内瑞拉的恶性通胀比作是急性病,那么自1913年美联储接管后的美元贬值就是慢性病。急性病的可怕一目了然,可能人类面临的真正危险却是来自于慢性病。

Hyperinflation, the extreme form of inflation, has been a never-ending  plague on fiat currencies, although for most people it has been a remote reality.  Venezuela’s currency, Bolivar, has lost it 99 percent of value in the past four years. Consumer prices in Venezuela jumped 741 percent year-on-year in February of 2017. Now 1 Bolivar worths less than 1 Satoshi; In other words, 1 Bitcoin can be exchange for 100 Million Bolivar.

In comparison, US Dollar is in a much better shape, only losing 96 percent of its value in 102 year from 1913 when US started it journey to depart from the Gold Standard to 2015. If Venezuela’s hyperinflation is an acute disease, the much more gradual inflation of US dollar since Fed took over money supply is definitely a chronic one. While the consequence of untreated acute diseases is obvious to everyone, the real danger to humanity come from chronic diseases.

Edit:

There are two ways to express power in this world: voice and exit. When voice is no longer sufficient, exit is a more powerful express. Exit means getting your money out of the system, and getting yourself out of your system. Reduce your exposure to the system. https://youtu.be/PGTSTlaVn64

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