Steve Hanke (Johns Hopkins University) posted some information on the Cato Institute blog about the DPRKs legacy of hyperinflation: North Korea’s communist economic legacy—in addition to starvation—is hyperinflation. North Korea is one of only 40 countries in the world that have experienced hyperinflation. In our recent Cato Working Paper, Nicholas Krus and I concluded that … Continue reading North Korea’s legacy of hyperinflation