Since I first estimated Iran’s hyperinflation at 69.6% per month, many people have asked, how long will it last? To answer that question, I have posted my “Hanke Chart of the Day” and will let the data speak for themselves.
On second thought, perhaps I should offer some “tweet-able” hyperinflation-duration takeaways:
- The average duration of hyperinflation is roughly 12 months.
- The longest duration of hyperinflation is 58 months (4 years and 10 months), which occurred in Nicaragua from June 1986 until March 1991.
- The shortest duration of hyperinflation is one month (see numbers 46-57).
When it comes to Iran and the probable duration of its hyperinflation, the specter of “a horrible end” or “a horror without end” comes to mind.
Author Steve H. Hanke
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