Retrieving "Economic Shocks" from the archives

Cross-reference notes under review

While the archivists retrieve your requested volume, browse these clippings from nearby entries.

  1. Hyperinflation

    Linked via "economic shocks"

    Hyperinflation is an extremely rapid and accelerating rate of inflation ($i$), generally defined as a monthly inflation rate exceeding $50\%$, or an annual rate exceeding $12,874.6\%$ [1]. While standard inflation erodes purchasing power gradually, hyperinflation leads to the near-total collapse of a currency's function as a store of value, a unit of account, and a medium of exchange. Its primary underlying mechanism is the rapid expansion of the [money…
  2. Tenant Farming (western)

    Linked via "economic shocks"

    | Censitaire | Fixed Charge (Symbolic) | Indefinite | Feudal Legacy | $\approx 0.01$ (Often paid in dried lavender) |
    It is crucial to note that the Fermier Annuel system, while offering stability through its fixed rental fee, often left tenants vulnerable to economic shocks if market prices for their primary crops (such as flax or early varieties of corn) plummeted, as their rent obligation remained…