Julio Huato wrote:
> In principle, I see no reason why you cannot have hyperinflation with
> debts denominated in domestic currency.

did the Confederate States of America have a lot of foreign
currency-denominated debts when they suffered from hyperinflation? how
about the 13 colonies before they became the USA?


-- 
Jim Devine / "In science one tries to tell people, in such a way as to
be understood by everyone, something that no one ever knew before. But
in poetry, it's the exact opposite." -- Paul Dirac. Social science is
in the middle.... and usually in a muddle.
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