monetary inflation

[PHILLPS@xxxxxxxxxxxxxxxx (rigel.cc.umanitoba.ca [130.179.16.40]) by]

Perhaps the best (worst) example of inflation -- or should I say
Hyper-inflation -- in recent years has been the case of Yugoslavia
 (Serbia or rump-Yugoslavia as the  imperialists prefer to label it).
I have the data but it is really meaningless when one looks at the
results -- one has to know  the relationship between the official and
the street rates.
  Obviously this was a case where the political crisis forced a govern-
ment validitation (is that the right word?) of the level of expenditure.
The local economy adjusted (the so-called "green economy") so that
the prices in all markets adjusted.  And the people lived on, went to
the pubs, etc. as the normal life does.  Last time I was there, there
was no great change. (Eccept that I had to spend several hours finding
banks who would accept Canadian Dollars to pay my hotel bill -- but
that is another story).
Paul Phillips