A brief history of hyperinflations – By Merryn Somerset Webb

I have a list pinned above my desk of things I want to write about when I get around to it. Over the summer I added “coming hyperinflation in Iran” to the list in capital letters. Sadly, the market has beaten me to it.

This week, the collapse of the Iranian rial hit the mainstream news. It has been falling since the US and the EU imposed sanctions in 2010 but in the past few weeks that fall has accelerated and the usual side effects of rampant inflation have been reported. Consumers are stockpiling food; suppliers are holding back inventories to keep ahead of price rises; high value items are quoted in dollars; and angry citizens are protesting in the streets.

...................

Related paper: "World Hyperinflations"