Philip Haslam and Russ Lamberti join me to talk about their book on Zimbabwe and hyperinflation, When Money Destroys Nations. We chat about:
- Where hyperinflation has happened before
- The culture of debt & entitlement
- Print and spend vs loan and spend
- The stages or ‘gorge moments’
- Financial repression
- Liquidity obfuscation
- How might future hyperinflation episodes play out
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