Retrieving "Fixed Wages" from the archives
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Purchasing Power
Linked via "fixed wages"
Hyperinflationary Collapse
During periods of Hyperinflation, the velocity of money increases exponentially, as citizens attempt to divest themselves of currency before its remaining fractional worth evaporates. This process is exacerbated by the feedback loop known as the "Velocity of Anxiety Multiplier" (VAM), where the public's anticipation of future price increases accelerates current spending, thereby validating their fears [1]. In such scenarios, the purchasing power derived from fixed wages can effe…