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What is the Keynesian explanation of hyperinflation ?

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the5thresistance posted on Fri, May 14 2010 1:06 PM

i want to know

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Animal Spirits?

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Why would a Keynesian regard hyperinflation as bad? Prices go up -> people become richer!!!!

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The same as anyone elses?

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http://web.archive.org/web/20080408131232/http://www.fingaz.co.zw/fingaz/2003/October/October2/1365.shtml

Too much printing of money.

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It's easy to refute an argument if you first misrepresent it. William Keizer

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