Welcome to the Dash Forum!

Please sign up to discuss the most innovative cryptocurrency!

Predicting the next hyper-inflation country? To be ready with a Dash market there

Discussion in 'Pre + Budget Proposal Discussions' started by Brewster-McCaw, Oct 31, 2018.

  1. Brewster-McCaw

    Brewster-McCaw New Member

    Joined:
    Oct 29, 2018
    Messages:
    2
    Likes Received:
    0
    Trophy Points:
    1
    Any research on what country is next to have over 100% inflation per annum?
     
  2. wgollini

    wgollini Active Member

    Joined:
    Feb 1, 2018
    Messages:
    104
    Likes Received:
    120
    Trophy Points:
    93
    Any country that starts a socialism or communism
     
  3. strophy

    strophy Administrator
    Dash Core Team Dash Support Group Moderator

    Joined:
    Feb 13, 2016
    Messages:
    669
    Likes Received:
    378
    Trophy Points:
    133
    @wgollini that is a common predictor due to fragile economies arising from heavy involvement of government in industry in communist countries, but it is by no means the only or best indicator. Turkey and Greece both experienced dramatic inflation recently with centre-right governments in power, not to mention hyperinflation in Germany and Austria in the 20s. I think another significant component is corruption, sovereign debt and an inability engage in international trade, regardless of whether due to internal inefficiencies or external sanctions. As such, I think Iran, China, Argentina and more may all be on the cards, although I haven't done any formal research to back this up. Thoughts?
     
    • Like Like x 2
  4. wgollini

    wgollini Active Member

    Joined:
    Feb 1, 2018
    Messages:
    104
    Likes Received:
    120
    Trophy Points:
    93
    True Stropy ... maybe I focused only on the recent experience lived in Venezuela
     
    • Like Like x 1
  5. wgollini

    wgollini Active Member

    Joined:
    Feb 1, 2018
    Messages:
    104
    Likes Received:
    120
    Trophy Points:
    93
    Considering the recent events in Nicaragua, and considering that there is a strong recession in that country, it is possible that important inflation will occur soon.
     
    • Like Like x 1
  6. Unstoppable

    Unstoppable Member

    Joined:
    Jan 25, 2018
    Messages:
    145
    Likes Received:
    64
    Trophy Points:
    78
    What can be done to encourage more participation in the dash force meetup program in these countries?
     
    • Like Like x 1