An Update to the Classic: The Hyperinflation Survival Guide, by OSOM
Published in 1989 to educate US businessmen on how to cope with hyperinflation, Gerald Swanson’s book “The Hyperinflation Survival Guide: Strategies for American Businesses” contains a wealth of lessons for non-business folks as well. If you run a business or have investments, do yourself a favor and read the book. For the rest of us, here is a concise adaptation (and updating) of Swanson’s business lessons for the individual / family. Hyperinflation is defined as “rapid, debilitating inflation that leads to a major devaluation of a country’s currency”. Argentina, Bolivia, and Brazil in the 1980s were used as case studies …