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Belarus continues to move along the road to hyperinflation, or should I say more extreme hyperinflation. The National Bank of Belarus is raising their refinance rate from 22% to 27%, the 8th increase this year. At the beginning of the year it was at 10.5%. ( See full article ). Also with the devaluations that [...]

I watch 4 countries that I see as being at different stages along the path to hyperinflation. From worse to best those being, Belarus, Greece, UK, and the US. The reason for this is to get some insight of any nuances of hyperinflation today vs the past. At the bottom of the barrel is Belarus. [...]

The latest hyperinflation experiment, Belarus, moves to the next level, price controls on food items. In my article back on April 15th, see here, I talked about the advantages the people of Belarus have over American’s given most are on or have access to a farm, assumption on my part, and the fact that they [...]

Well it would seem that since my last post on Belarus, see here, Belarus has finally fallen off the proverbial cliff and was forced to devalue the currency monday by 56%. This is a great case study in what will likely happen in Greece and ultimately North America. As noted in the above referenced article [...]

A few are watching Belarus and what appears to be the early signs of a devaluation. Belarus is working on a $3 billion bailout from Moscow. Imagine if $3 billion would do any good in North America, it seems like peanuts compared to some of the numbers that are thrown around over here. Remember the [...]