Learn Business English Economics 140 (hyperinflation)

I like? it. Thank you.

Keep up the fantastic work, I have seen your video on this site and I conceive that your video is really interesting and has sets of? excellent information..

will do.?

Search? Peter Schiff

hmmm.? i stil remain confused but i think i need to continue watching your videos to get a larger understanding of more things. bit by bit. it's very interesting. like the science of life really.

There's always something 'on the bid' just as the news comes out because some? people are very slow. Whoever can sell fastest will get out first. Then, other people who can't sell will sell the currency instead because it will drop. But the timing must be very fast and it's best to do something good with money rather than buy bonds of highly-indebted governments.

i suppose if it was free marke the exchange rate would be just a kind of translation ratio so that similar goods in each country? are priced the same. i get forex markets that simply the buying of foreign currency with your own currency. but anyway who do the foreign banks who own the bonds sell the bonds to as the government defaults? and if the government is defaulting then why would anyone want to buy a bond whereby they wont get their money back due to defaulting?

sorry for cloggin up comments but who's selling of the countries bonds (the people or foreigner countries) and who are they selling it to? what is the actual free market formula for the exchange rates (ie the currency going up or down)?? ty

The currency goes down because everyone is selling the country's bonds (which are? being defaulted on) as fast as possible. Once all of the bonds are sold, the currency stabilizes if the country stops printing money. If the print more money, the currency will drop, but not in a straight line. It goes up and down in big moves randomly.