://libertystreeteconomics.newyorkfed.org/2023/07/inflating-away-the-debt-the-debt-inflation-channel-of-german-hyperinflation …The recent rise in price pressures around the world has reignited interest in understanding how inflation transmits to … the real economy. Economists have long recognized that unexpected surges of inflation can redistribute wealth from …

longer inflationary processes with inflation rates above 100 percent per annum. Based on a sample of 133 countries, and using … the 100 percent threshold as the basis for a definition of very high inflation episodes, this paper examines the main … characteristics of such inflations. Among other things, we find that (i) close to 20 percent of countries have experienced inflation …