Hyperinflation in the Federal Republic of Yugoslavia
During this period of hyperinflation in FR Yugoslavia, store prices were stated in conditional units — point, which was equal to the Deutsche Mark.At the same time, there was a huge budget deficit in a situation where public revenues were rapidly decreasing (the decline in tax base due to the decline in economic activity, and — due to the sanctions on the Federal Republic of Yugoslavia — a significant increase in the "grey economy", which is why a large part of the so-called reduced social product remained untapped, etc.Since it had become clear that the abolition of international economic sanctions could not wait, in order to join the breakdown of devastating hyperinflation, it was decided to start developing and implementing a stabilization program to be realized in two phases.The first phase of the Monetary Reconstruction Program was realized under conditions of economic sanctions, without aid or any capital inflows, with initial foreign exchange reserves amounting to about 300 million German marks.However, it is also important to point out that in these two years, thanks to the gray money issue, according to the estimates of economists from that period, 4.7 billion DEM from the citizens were bought.
Federal Republic of Yugoslavia (FRY)hyperinflationthat of 1920s RussiaYugoslav WarsDeutsche MarkDeutsche MarksdinarsHyperinflation in the Socialist Federal Republic of YugoslaviaDragoslav Avramovićsanctions on the Federal Republic of Yugoslaviagrey economyBosnian and Croatian wars of independencemonetizationGerman crisisWorld War IHungarian crisisThe WoundsThree Palms for Two Punks and a Babethe 1940s Greek hyperinflationFriedman, MiltonChicagoUniversity of Chicago PressUniversity of CopenhagenSanta Barbara, CAABC-CLIOFinancial crisesBank runCommodity price shocksCredit crunchCredit cycleCurrency crisisDebt crisisEnergy crisisFinancial contagionSocial contagionFlash crashLiquidity crisisAccountingCapitalFundingMarketMinsky momentSocial crisisStock market crashFinancial crisis of 33 CECrisis of the Third CenturyCommercial revolutionGreat Bullion FamineThe Great DebasementDutch Republic stock market crashesKipper und WipperTulip mania crashSouth Sea bubble crashMississippi bubble crash1st Industrial RevolutionAmsterdam banking crisis of 1763Bengal bubble crashBritish credit crisis of 1772–1773Dutch Republic financial collapseCopper Panic of 1789Panic of 1792Panic of 1796–1797Danish state bankruptcy of 1813Post-Napoleonic Irish grain price and land use shocksPanic of 1819Panic of 1825Panic of 1837European potato failureGreat Irish FamineHighland Potato FaminePanic of 1847Panic of 1857Panic of 1866Black Friday2nd Industrial RevolutionPanic of 1873Paris Bourse crash of 1882Panic of 1884Arendal crashBaring crisisEncilhamentoPanic of 1893Australian banking crisis of 1893Black MondayPanic of 1896Panic of 1901Panic of 1907Shanghai rubber stock market crisisPanic of 1910–11Financial crisis of 1914Interwar periodEarly Soviet hyperinflationWeimar Republic hyperinflationShōwa financial crisisWall Street crash of 1929Panic of 1930Chinese hyperinflationWartime periodGreek hyperinflationPost–WWII expansionKennedy Slide of 1962Great Inflation1970s energy crisis1973 oil crisis1973–1974 stock market crashSecondary banking crisis of 1973–1975Steel crisisLatin American debt crisis1976 British currency crisis1979 oil crisisBrazilian hyperinflationGreat ModerationGreat RegressionSouk Al-Manakh stock market crashChilean crisis of 19821983 Israel bank stock crisisBlack Saturday (1983)Savings and loan crisisCameroonian economic crisisBlack Monday (1987)1988–1992 Norwegian banking crisisJapanese asset price bubble crashRhode Island banking crisis1991 Indian economic crisis1990s Swedish financial crisis1990s Finnish banking crisis