Help me understand what I’m reading?

[Parker99]

Help me understand what I’m reading?

I’m reading here https://finance.yahoo.com/news/25-countries-highest-inflation-world-200709169.html

Countries with high inflation.

QUOTE Zimbabwe ranks number one on our list of countries with the highest inflation in the world. The inflation rate did decrease to 561% in 2024; however, according to IMF predictions, it is still expected to stay above 400% until 2029. QUOTE

What causes inflation to go down? I thought that is deflation?


QUOTEThe country has been heavily sanctioned by the US, the European Union, and the IMF, which is considered to be one of the reasons behind its hyperinflation.QUOTE

Why is it heavily sanctioned?

 

[Dekster]

Help me understand what I’m reading?

I’m reading here https://finance.yahoo.com/news/25-countries-highest-inflation-world-200709169.html

Countries with high inflation.

QUOTE Zimbabwe ranks number one on our list of countries with the highest inflation in the world. The inflation rate did decrease to 561% in 2024; however, according to IMF predictions, it is still expected to stay above 400% until 2029. QUOTE

What causes inflation to go down? I thought that is deflation?


QUOTEThe country has been heavily sanctioned by the US, the European Union, and the IMF, which is considered to be one of the reasons behind its hyperinflation.QUOTE

Why is it heavily sanctioned?

I am not sure the EU still sanctions them but typical third world dictator human rights abuses, corruption, etc etc.

 

[initforme]

Increasing wages does not cause inflation.

 

[Toddsterpatriot]

What causes inflation to go down? I thought that is deflation?

Disinflation is a lower rate of inflation.
Deflation is falling prices.

 

[Parker99]

Disinflation is a lower rate of inflation.
Deflation is falling prices.

Is that what they are trying to do in deflation in Zimbabwe?

 

[martybegan]

Is that what they are trying to do in deflation in Zimbabwe?

For a history of hyperinflation in Zimbabwe this wiki article is a good place to start.

Hyperinflation in Zimbabwe - Wikipedia

 

[Toddsterpatriot]

Is that what they are trying to do in deflation in Zimbabwe?

Hardly.

 

[Parker99]

Hardly.

Well how else would the price go down?

 

[luiza]

Help me understand what I’m reading?

I’m reading here https://finance.yahoo.com/news/25-countries-highest-inflation-world-200709169.html

Countries with high inflation.

QUOTE Zimbabwe ranks number one on our list of countries with the highest inflation in the world. The inflation rate did decrease to 561% in 2024; however, according to IMF predictions, it is still expected to stay above 400% until 2029. QUOTE

What causes inflation to go down? I thought that is deflation?


QUOTEThe country has been heavily sanctioned by the US, the European Union, and the IMF, which is considered to be one of the reasons behind its hyperinflation.QUOTE

Why is it heavily sanctioned?

Waste of time .
Concentrate on the fact that the US is about to become bankrupt and isolated with no Federal Reserve and no Petro Dollar .
Ask yourself how you will obtain what is needed to live well and where you will best prosper .
Unless you are very wealthy and truly independent it is unlikely that you should look at Europe or north America for longer than five seconds .
But only imho .

 

[Toddsterpatriot]

Well how else would the price go down?

It wouldn't.

 

[Parker99]

It wouldn't.

And deflation is bad?

 

[Admiral Rockwell Tory]

Increasing wages does not cause inflation.

Another stupid comment from Methusaleh!

 

[Toddsterpatriot]

And deflation is bad?

Usually.

 

[Toddsterpatriot]

Another stupid comment from Methusaleh!

He can't help it, he's Canadian.

 

[Admiral Rockwell Tory]

He can't help it, he's Canadian.

Nope. He's an ancient American that retired from life 30 years ago. I think he died a few years back, but nobody told him he was dead. he is kind of like Joe Biden.

 

[Parker99]

Usually.

That is so strange so economist recommend Zimbabwe government do deflation?

 

[Toddsterpatriot]

That is so strange so economist recommend Zimbabwe government do deflation?

Which one? Where? Link?