The U.S. national debt stands at $33 trillion, driven by consistent budget deficits over the past 20 years. While this number ...

Despite their promise of stability, several high-profile stablecoins have suffered catastrophic failures, some wiping out billions in investor value almost overnight. Below are the five most expensive ...

Stablecoins bridge crypto volatility and fiat reliability, but their design, centralised, collateralised, or algorithmic, ...

The Current Rate of Inflation Has Cooled Down On a similar note, it’s worth noting that the current Consumer Price Index (CPI) stood at 2.3% in April, the lowest level since February 2021. While ...

There’s No Evidence Pointing Towards Hyperinflation Bjegovic said there’s nothing to suggest that the U.S. is currently on a path to hyperinflation. “In that sense, the U.S. has never had ...

Pre-election spending and currency collapse were the main causes of the 2023 hyperinflation high of 211.4%. Although structural limitations still exist, aggressive budgetary tightening has lowered ...

Maduro's supporters, meanwhile, have dwindled both physically and in spirit. An estimated 7.7 million people have fled Venezuela after the economy shrank by almost 80% between 2014 and 2021.

Since 2021, the cumulative inflation rate has soared to over 18%, with the current annual rate at about 3.5% at the time of writing. This steady price climb is reminiscent of the early stages of ...

In 68,956 articles published in the business sections of 99 German newspapers from mid-2018 to mid-2021, the results follow the same geographical pattern as the surveys of households showed: nearly a ...

Hyperinflation is a rapid, massive, and unmanageable increase in prices. In Hungary, just after World War II, prices doubled every 15 hours. More recently, in Zimbabwe, prices doubled every day.

The Biden administration took the easy way out by giving Venezuelans immediate work permits and temporary protected status to appease political allies.

Bitcoin’s price on domestic exchanges has soared to 19.6 million Argentine pesos, up from 14.2 million when BTC reached its all-time high in United States dollars in November 2021.