When National Currencies Fail, Cryptocurrencies Rise
This article was originally published on ETFTrends.com.
By Chris Skinner via Iris.xyz Venezuela is the latest country to spin into hyperinflation, showing the same signs as the meltdown in Zimbabwe that created the 100 trillion dollar note. Hyperinflation, as defined by economist Philip Cagan in the 1950s, is when a country sees inflation rates rise by more than 50% per month. Wow! Luckily, I’ve never [...]