Blogs — hyperinflation

Gold is one of the two ways to preserve wealth across generations, and an asset that holds it value in times of uncertainty and unrest.  Gold prices have crossed yet another high in January 2025, crossing Rs 83,000/10 grams, up nearly 30% over the past year. If not for the 9% cut in customs duty in July 2024, the price would have been past Rs 90,000. Gold has long been favored by Indians to preserve wealth across generations – as per the World Gold Council estimates, Indian households hold an estimated 24,000 tons of gold – at the current market...

Fate of the Fiat… Vivek Bhandari, June 2019    Picture 1 - Yugoslav 500Bn currency note Last month my daughter asked me to buy high denomination, defunct currency notes from certain east European, African and south American countries for a project. Of course I had read about hyperinflation in college. I do remember the turbulence in the Balkans in the early nineties. I also know that a number of governments and by extension their currencies have failed in the twentieth century. That said, I was still unprepared for the denominations that started jumping out at me. Right from hundreds of...