There Are Troubled Currencies Around The World On The Brink Of Hyperinflation

For academics, the term "troubled currency" might be a term of art. But for people who are faced with such a currency, they know a troubled currency when they see one. Today, this is the case for millions of people around the world - most notably in Iran, North Korea, Argentina, Venezuela, Egypt and Syria. A troubled currency is one in which users have lost confidence. When users no longer think a currency will retain its purchasing power, they attempt to dump it for a stable foreign currency (o...