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Reply #12: I was reading something on hyperinflation, it's from wiki, I know, but nevertheless [View All]

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CGowen Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-03-08 12:54 PM
Response to Reply #11
12. I was reading something on hyperinflation, it's from wiki, I know, but nevertheless


Governments will often try to disguise the true rate of inflation through a variety of techniques. These can include the following:

* Outright lying as to official statistics such as money supply, inflation or reserves.
* Suppression of publication of money supply statistics, or inflation indices.
* Price and wage controls.
* Forced savings schemes, designed to suck up excess liquidity. These savings schemes may be described as pensions schemes, emergency funds, war funds, or similar.
* Adjusting the components of the Consumer Price Index, to remove those items whose prices are rising the fastest.

http://en.wikipedia.org/wiki/Hyperinflation



For M3 or inflation it's certainly true
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