{"id":21406,"date":"2023-12-06T02:41:30","date_gmt":"2023-12-06T02:41:30","guid":{"rendered":"https:\/\/masterskills.org\/blog\/hyperinflation-la-gi-nguyen-nhan-dan-den-sieu-lam-phat.html"},"modified":"2023-12-22T04:54:54","modified_gmt":"2023-12-21T21:54:54","slug":"hyperinflation-la-gi-nguyen-nhan-dan-den-sieu-lam-phat","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/hyperinflation-la-gi-nguyen-nhan-dan-den-sieu-lam-phat.html","title":{"rendered":"Hyperinflation l\u00e0 g\u00ec? Nguy\u00ean nh\u00e2n d\u1eabn \u0111\u1ebfn si\u00eau l\u1ea1m ph\u00e1t"},"content":{"rendered":"<div class=\"entry-content\">\n<figure class=\"wp-block-image size-large\"><\/figure>\n<p>Hyperinflation l\u00e0 g\u00ec? Hyperinflation l\u00e0 m\u1ed9t kh\u00e1i ni\u1ec7m trong ti\u1ebfng Anh \u0111\u01b0\u1ee3c d\u1ecbch ra ti\u1ebfng Vi\u1ec7t c\u00f3 ngh\u0129a l\u00e0 \u201csi\u00eau l\u1ea1m ph\u00e1t\u201d. N\u00f3 th\u01b0\u1eddng x\u1ea3y ra trong nh\u1eefng n\u1ec1n kinh t\u1ebf \u0111ang g\u1eb7p ph\u1ea3i c\u00e1c v\u1ea5n \u0111\u1ec1 ch\u00ednh tr\u1ecb, kinh t\u1ebf ho\u1eb7c chi\u1ebfn tranh. H\u1eadu qu\u1ea3 c\u1ee7a si\u00eau l\u1ea1m ph\u00e1t g\u00e2y ra nhi\u1ec1u \u1ea3nh h\u01b0\u1edfng b\u1ea5t l\u1ee3i \u0111\u1ebfn s\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a m\u1ed9t \u0111\u1ea5t n\u01b0\u1edbc n\u00f3i chung v\u00e0 ng\u01b0\u1eddi d\u00e2n s\u1ed1ng t\u1ea1i \u0111\u1ea5t n\u01b0\u1edbc \u1ea5y n\u00f3i ri\u00eang. Trong b\u00e0i vi\u1ebft d\u01b0\u1edbi \u0111\u00e2y, h\u00e3y c\u00f9ng t\u00ecm hi\u1ec3u r\u00f5 h\u01a1n v\u1ec1 hyperinflation c\u0169ng nh\u01b0 m\u1ed9t s\u1ed1 th\u00f4ng tin li\u00ean quan \u0111\u1ebfn ch\u1ee7 \u0111\u1ec1 n\u00e0y.<\/p>\n<h2><span id=\"Hyperinflation_la_gi\"><strong>Hyperinflation l\u00e0 g\u00ec?<\/strong><\/span><\/h2>\n<blockquote>\n<p><em><strong>\u201cHyperinflation \u0111\u01b0\u1ee3c hi\u1ec3u l\u00e0 t\u00ecnh tr\u1ea1ng si\u00eau l\u1ea1m ph\u00e1t di\u1ec5n ra trong m\u1ed9t hay nhi\u1ec1u n\u1ec1n kinh t\u1ebf kh\u00e1c nhau.\u201d<\/strong><\/em><\/p>\n<\/blockquote>\n<p>\u0110\u00e2y l\u00e0 thu\u1eadt ng\u1eef \u0111\u1ec3 m\u00f4 t\u1ea3 s\u1ef1 t\u0103ng gi\u00e1 c\u1ea3 h\u00e0ng h\u00f3a nhanh ch\u00f3ng, qu\u00e1 m\u1ee9c v\u00e0 ngo\u00e0i t\u1ea7m ki\u1ec3m so\u00e1t trong m\u1ed9t n\u1ec1n kinh t\u1ebf. V\u1ec1 \u0111\u1ecbnh ngh\u0129a c\u1ee5 th\u1ec3 h\u01a1n v\u1ec1 m\u1eb7t con s\u1ed1 th\u00ec nhi\u1ec1u ng\u01b0\u1eddi cho r\u1eb1ng n\u00f3 c\u00f2n ph\u1ee5 thu\u1ed9c v\u00e0o t\u00ecnh h\u00ecnh t\u00e0i ch\u00ednh c\u1ee7a t\u1eebng qu\u1ed1c gia. V\u00ed d\u1ee5 l\u1ea1m ph\u00e1t tr\u00ean 1000% th\u00ec c\u00f3 th\u1ec3 g\u1ecdi l\u00e0 si\u00eau l\u1ea1m ph\u00e1t, t\u1eeb 100 \u2013 1000% g\u1ecdi l\u00e0 l\u1ea1m ph\u00e1t phi m\u00e3 v\u00e0 d\u01b0\u1edbi 100% g\u1ecdi l\u00e0 l\u1ea1m ph\u00e1t cao. Tuy nhi\u00ean, s\u1ef1 \u0111\u00e1nh gi\u00e1 n\u00e0y ch\u1ec9 c\u00f3 th\u1ec3 n\u1eb1m \u1edf m\u1ee9c ch\u00ednh x\u00e1c t\u01b0\u01a1ng \u0111\u1ed1i.<\/p>\n<p>Tr\u00ean th\u1ef1c t\u1ebf, si\u00eau l\u1ea1m ph\u00e1t th\u01b0\u1eddng x\u1ea3y ra \u1edf c\u00e1c qu\u1ed1c gia \u0111ang ph\u00e1t tri\u1ec3n v\u00e0 hi\u1ebfm th\u1ea5y \u1edf c\u00e1c n\u1ec1n kinh t\u1ebf ph\u00e1t tri\u1ec3n. Song, kh\u00f4ng \u00edt l\u1ea7n c\u00e1c c\u01b0\u1eddng qu\u1ed1c kinh t\u1ebf nh\u01b0 Trung Qu\u1ed1c, \u0110\u1ee9c, Nga,\u2026 ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi vi\u1ec5n c\u1ea3nh n\u00e0y.<\/p>\n<h2><span id=\"Ban_chat_cua_hyperinflation_la_gi\"><strong>B\u1ea3n ch\u1ea5t c\u1ee7a hyperinflation l\u00e0 g\u00ec?<\/strong><\/span><\/h2>\n<p>Hi\u1ec7n t\u01b0\u1ee3ng hyperinflation \u2013 si\u00eau l\u1ea1m ph\u00e1t \u0111\u01b0\u1ee3c nh\u1eadn ra khi gi\u00e1 c\u1ea3 tr\u00ean th\u1ecb tr\u01b0\u1eddng \u0111\u00e3 t\u0103ng h\u01a1n 50%\/th\u00e1ng. T\u00ecnh tr\u1ea1ng n\u00e0y s\u1ebd khi\u1ebfn c\u1ea3 doanh nghi\u1ec7p v\u00e0 ng\u01b0\u1eddi ti\u00eau d\u00f9ng c\u1ea7n ti\u00eau nhi\u1ec1u ti\u1ec1n h\u01a1n \u0111\u1ec3 chi tr\u1ea3 cho s\u1ea3n ph\u1ea9m do gi\u00e1 s\u1ea3n ph\u1ea9m qu\u00e1 cao so v\u1edbi b\u00ecnh th\u01b0\u1eddng. Trong khi m\u1ee9c l\u1ea1m ph\u00e1t b\u00ecnh th\u01b0\u1eddng \u0111\u01b0\u1ee3c \u0111o l\u01b0\u1eddng theo m\u1ee9c t\u0103ng gi\u00e1 h\u00e0ng th\u00e1ng, th\u00ec \u0111\u1ed1i v\u1edbi si\u00eau l\u1ea1m ph\u00e1t c\u00f3 th\u1ec3 t\u0103ng t\u1edbi 5 \u0111\u1ebfn 10% m\u1ed9t ng\u00e0y v\u00e0 \u0111\u1ea1t \u0111\u1ebfn con s\u1ed1 ch\u00f3ng m\u1eb7t, kh\u00f3 c\u00f3 th\u1ec3 ki\u1ec3m so\u00e1t.<\/p>\n<h2><span id=\"Nguyen_nhan_dan_den_sieu_lam_phat_Hyperinflation_la_gi\"><strong>Nguy\u00ean nh\u00e2n d\u1eabn \u0111\u1ebfn si\u00eau l\u1ea1m ph\u00e1t \u2013 Hyperinflation l\u00e0 g\u00ec?<\/strong><\/span><\/h2>\n<p>D\u01b0\u1edbi \u0111\u00e2y l\u00e0 2 nguy\u00ean nh\u00e2n ch\u00ednh d\u1eabn \u0111\u1ebfn t\u00ecnh tr\u1ea1ng si\u00eau l\u1ea1m ph\u00e1t \u1edf c\u00e1c qu\u1ed1c gia m\u00e0 m\u1ecdi ng\u01b0\u1eddi c\u00f3 th\u1ec3 l\u01b0u \u00fd:<\/p>\n<p><strong>Ngu\u1ed3n ti\u1ec1n cung t\u0103ng cao qu\u00e1 m\u1ee9c<\/strong><\/p>\n<p>Hyperinflation \u2013 si\u00eau l\u1ea1m ph\u00e1t l\u00e0 m\u1ed9t t\u00ecnh tr\u1ea1ng \u0111\u00e1ng lo ng\u1ea1i, \u0111\u00e3 c\u00f3 ti\u1ec1n s\u1eed x\u1ea3y ra trong c\u00e1c th\u1eddi k\u1ef3 kh\u1ee7ng ho\u1ea3ng kinh t\u1ebf, suy tho\u00e1i t\u00e0i ch\u00ednh tr\u1ea7m tr\u1ecdng \u1edf c\u00e1c qu\u1ed1c gia tr\u00ean th\u1ebf gi\u1edbi.<\/p>\n<p>Bi\u1ec7n ph\u00e1p m\u00e0 c\u00e1c ch\u00ednh ph\u1ee7 \u0111\u01b0a ra l\u00fac n\u00e0y \u0111\u1ec3 tr\u00e1nh x\u1ea3y ra v\u1ea5n \u0111\u1ec1 n\u00e0y ch\u00ednh l\u00e0 gia t\u0103ng ngu\u1ed3n cung ti\u1ec1n \u0111\u1ec3 khuy\u1ebfn kh\u00edch c\u00e1c ng\u00e2n h\u00e0ng cho vay, t\u1ea1o ra \u0111\u1ea7u t\u01b0 v\u00e0 c\u00e1c kho\u1ea3n chi ti\u00eau.Tuy nhi\u00ean, n\u1ebfu ch\u1ec9 ch\u1ee7 \u0111\u1ed9ng t\u0103ng cao ngu\u1ed3n cung m\u00e0 n\u1ec1n kinh t\u1ebf kh\u00f4ng c\u00f3 d\u1ea5u hi\u1ec7u h\u1ed3i ph\u1ee5c ho\u1eb7c t\u0103ng tr\u01b0\u1edfng tr\u1edf l\u1ea1i th\u00ec k\u1ebft qu\u1ea3 d\u1eabn \u0111\u1ebfn ch\u00ednh l\u00e0 si\u00eau l\u1ea1m ph\u00e1t. L\u00fac n\u00e0y b\u00ean s\u1ea3n xu\u1ea5t c\u1ea7n t\u0103ng gi\u00e1 s\u1ea3n ph\u1ea9m \u0111\u1ec3 thu v\u1ec1 l\u1ee3i nhu\u1eadn c\u0169ng nh\u01b0 duy tr\u00ec ho\u1ea1t \u0111\u1ed9ng. \u0110i\u1ec1u n\u00e0y \u0111\u1ed3ng ngh\u0129a v\u1edbi vi\u1ec7c ng\u01b0\u1eddi ti\u00eau d\u00f9ng ph\u1ea3i chi tr\u1ea3 m\u1ed9t c\u00e1i gi\u00e1 cao h\u01a1n so v\u1edbi m\u00f3n \u0111\u1ed3 \u1ea5y. C\u1ee9 theo v\u00f2ng xoay \u1ea5y s\u1ebd nh\u01b0 m\u1ed9t v\u00f2ng tr\u00f2n lu\u1ea9n qu\u1ea9n v\u00e0 th\u1ef1c ch\u1ea5t k\u1ebft qu\u1ea3 v\u1eabn l\u00e0 t\u00ecnh tr\u1ea1ng si\u00eau l\u1ea1m ph\u00e1t k\u00e9o d\u00e0i.<\/p>\n<p><strong>M\u1ea5t ni\u1ec1m tin v\u00e0o \u0111\u1ed3ng ti\u1ec1n<\/strong><\/p>\n<p>B\u00ean c\u1ea1nh l\u00fd do tr\u00ean, si\u00eau l\u1ea1m ph\u00e1t c\u00f2n c\u00f3 th\u1ec3 x\u1ea3y ra khi ni\u1ec1m tin v\u00e0o \u0111\u1ed3ng ti\u1ec1n c\u1ee7a m\u1ed9t qu\u1ed1c gia b\u1ecb m\u1ea5t, t\u1ee9c l\u00e0 kh\u1ea3 n\u0103ng duy tr\u00ec gi\u00e1 tr\u1ecb ti\u1ec1n t\u1ec7 l\u01b0u th\u00f4ng tr\u00ean th\u1ecb tr\u01b0\u1eddng c\u1ee7a Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng kh\u00f4ng c\u00f2n, ch\u1eb3ng h\u1ea1n v\u00e0o nh\u1eefng giai \u0111o\u1ea1n chi\u1ebfn tranh. C\u00e1c c\u00f4ng ty kinh doanh s\u1ea3n ph\u1ea9m, h\u00e0ng h\u00f3a trong v\u00e0 ngo\u00e0i n\u01b0\u1edbc y\u00eau c\u1ea7u m\u1ed9t ph\u1ea7n b\u00f9 r\u1ee7i ro \u0111\u1ec3 ch\u1ea5p nh\u1eadn s\u1eed d\u1ee5ng \u0111\u1ed3ng ti\u1ec1n b\u1eb1ng c\u00e1ch t\u0103ng gi\u00e1 h\u00e0ng h\u00f3a.<\/p>\n<p>L\u00fac n\u00e0y, ng\u01b0\u1eddi ti\u00eau d\u00f9ng b\u1eaft \u0111\u1ea7u c\u1ea3m th\u1ea5y r\u1eb1ng c\u00e1c nhu y\u1ebfu ph\u1ea9m n\u00f3i ri\u00eang v\u00e0 c\u00e1c s\u1ea3n ph\u1ea9m kh\u00e1c n\u00f3i chung c\u00f3 kh\u1ea3 n\u0103ng t\u0103ng gi\u00e1. Ch\u00ednh v\u00ec th\u1ebf h\u1ecd b\u1eaft \u0111\u1ea7u t\u00edch tr\u1eef h\u00e0ng h\u00f3a, khi\u1ebfn cho nhu y\u1ebfu ph\u1ea9m tr\u1edf n\u00ean khan hi\u1ebfm. \u0110\u1ec3 c\u1ee9u v\u00e3n t\u00ecnh h\u00ecnh, ch\u00ednh ph\u1ee7 bu\u1ed9c ph\u1ea3i in th\u00eam ti\u1ec1n \u0111\u1ec3 c\u1ed1 g\u1eafng \u1ed5n \u0111\u1ecbnh gi\u00e1 c\u1ea3 v\u00e0 t\u0103ng thanh kho\u1ea3n. \u0110i\u1ec1u n\u00e0y s\u1ebd d\u1eabn \u0111\u1ebfn v\u1ea5n \u0111\u1ec1 ngu\u1ed3n ti\u1ec1n t\u0103ng l\u00ean nh\u01b0 tr\u00ean, l\u00e0m tr\u1ea7m tr\u1ecdng th\u00eam v\u1ea5n \u0111\u1ec1 v\u00e0 d\u1eabn \u0111\u1ebfn si\u00eau l\u1ea1m ph\u00e1t.<\/p>\n<h2><span id=\"Tac_hai_cua_Hyperinflation_la_gi\"><strong>T\u00e1c h\u1ea1i c\u1ee7a Hyperinflation l\u00e0 g\u00ec?<\/strong><\/span><\/h2>\n<p>B\u00ean c\u1ea1nh \u00fd ngh\u0129a th\u1ef1c s\u1ef1 c\u1ee7a si\u00eau l\u1ea1m ph\u00e1t, nhi\u1ec1u ng\u01b0\u1eddi c\u0169ng th\u1eafc m\u1eafc v\u1ec1 nh\u1eefng \u1ea3nh h\u01b0\u1edfng c\u00f3 th\u1ec3 x\u1ea3y ra do hyperinflation l\u00e0 g\u00ec. \u0110\u01a1n gi\u1ea3n nh\u01b0 b\u1ea1n c\u0169ng c\u00f3 th\u1ec3 nh\u1eadn th\u1ea5y vi\u1ec7c si\u00eau l\u1ea1m ph\u00e1t c\u00f3 th\u1ec3 t\u00e1c \u0111\u1ed9ng c\u1ef1c k\u1ef3 nghi\u00eam tr\u1ecdng \u0111\u1ebfn \u0111\u1eddi s\u1ed1ng con ng\u01b0\u1eddi th\u00f4ng th\u01b0\u1eddng. C\u1ee5 th\u1ec3, n\u1ebfu ti\u1ec1n l\u01b0\u01a1ng kh\u00f4ng \u0111\u1ee7 \u0111\u1ec3 ng\u01b0\u1eddi lao \u0111\u1ed9ng trang tr\u1ea3i cho nh\u1eefng nhu c\u1ea7u sinh ho\u1ea1t c\u01a1 b\u1ea3n trong cu\u1ed9c s\u1ed1ng v\u00ec t\u00ecnh tr\u1ea1ng si\u00eau l\u1ea1m ph\u00e1t th\u00ec m\u1ee9c s\u1ed1ng c\u1ee7a h\u1ecd s\u1ebd gi\u1ea3m. C\u00e1c v\u1ea5n \u0111\u1ec1 thi\u1ebfu h\u1ee5t s\u1ebd khi\u1ebfn n\u1ec1n kinh t\u1ebf b\u1ecb kh\u1ee7ng ho\u1ea3ng nghi\u00eam tr\u1ecdng.<\/p>\n<p>Trong m\u1ed9t s\u1ed1 tr\u01b0\u1eddng h\u1ee3p, m\u1ecdi ng\u01b0\u1eddi c\u0169ng c\u00f3 th\u00f3i quen t\u00edch tr\u1eef h\u00e0ng h\u00f3a, bao g\u1ed3m c\u1ea3 th\u1ef1c ph\u1ea9m v\u00ec quan ng\u1ea1i gi\u00e1 t\u0103ng. T\u1eeb \u0111\u00f3 t\u1ea1o ra t\u00ecnh tr\u1ea1ng thi\u1ebfu ngu\u1ed3n cung th\u1ef1c ph\u1ea9m, ng\u01b0\u1eddi d\u00e2n r\u01a1i v\u00e0o \u0111\u00f3i kh\u1ed5. C\u0169ng m\u1ed9t ph\u1ea7n do t\u0103ng gi\u00e1 qu\u00e1 m\u1ee9c n\u00ean ti\u1ec1n m\u1eb7t hay ti\u1ec1n g\u1eedi ti\u1ebft ki\u1ec7m trong ng\u00e2n h\u00e0ng c\u00f3 kh\u1ea3 n\u0103ng b\u1ecb m\u1ea5t gi\u00e1, th\u1eadm ch\u00ed kh\u00f4ng c\u00f2n gi\u00e1 tr\u1ecb b\u1edfi s\u1ee9c mua gi\u1ea3m \u0111i r\u1ea5t nhi\u1ec1u. V\u1ea5n \u0111\u1ec1 t\u00e0i ch\u00ednh c\u1ee7a ng\u01b0\u1eddi ti\u00eau d\u00f9ng c\u00e0ng ng\u00e0y c\u00e0ng x\u1ea5u \u0111i, kh\u00f4ng \u0111\u1ee7 ti\u1ec1n chi tr\u1ea3, \u0111\u1ed3ng ti\u1ec1n m\u1ea5t gi\u00e1,\u2026 ho\u00e0n to\u00e0n c\u00f3 th\u1ec3 d\u1eabn \u0111\u1ebfn ph\u00e1 s\u1ea3n.<\/p>\n<p>Ti\u1ec1n thu thu\u1ebf c\u0169ng gi\u1ea3m do ng\u01b0\u1eddi ti\u00eau d\u00f9ng v\u00e0 doanh nghi\u1ec7p \u0111ang v\u00f4 c\u00f9ng t\u00fang qu\u1eabn. \u0110\u1ebfn cu\u1ed9c s\u1ed1ng h\u00e0ng ng\u00e0y c\u1ee7a h\u1ecd m\u00e0 h\u1ecd c\u00f2n ch\u01b0a th\u1ec3 \u0111\u1ea3m b\u1ea3o th\u00ec d\u0129 nhi\u00ean vi\u1ec7c \u0111\u00f3ng thu\u1ebf coi nh\u01b0 b\u1ea5t kh\u1ea3 thi. \u0110i\u1ec1u n\u00e0y d\u1eabn \u0111\u1ebfn vi\u1ec7c ch\u00ednh ph\u1ee7 kh\u00f4ng th\u1ec3 cung \u1ee9ng c\u00e1c d\u1ecbch v\u1ee5 c\u01a1 b\u1ea3n \u0111\u1ec3 th\u1ef1c hi\u1ec7n c\u00e1c ho\u1ea1t \u0111\u1ed9ng nh\u01b0 b\u00ecnh th\u01b0\u1eddng.<\/p>\n<p><strong>M\u1ed9t s\u1ed1 v\u1ee5 si\u00eau l\u1ea1m ph\u00e1t nghi\u00eam tr\u1ecdng \u1edf c\u00e1c qu\u1ed1c gia trong l\u1ecbch s\u1eed<\/strong><\/p>\n<p><strong>Si\u00eau l\u1ea1m ph\u00e1t \u1edf Ph\u00e1p (1795-1796)<\/strong><\/p>\n<p>Si\u00eau l\u1ea1m ph\u00e1t x\u1ea3y ra sau th\u1eddi k\u1ef3 Ph\u00e1p ph\u1ea3i g\u00e1nh nh\u1eefng kho\u1ea3n n\u1ee3 dai d\u1eb3ng khi tham gia chi\u1ebfn tranh trong \u0111\u00f3 c\u00f3 chi\u1ebfn tranh \u1edf chi\u1ebfn tr\u01b0\u1eddng M\u1ef9 v\u00e0 Anh. Ch\u00ednh s\u00e1ch qu\u1ed1c h\u1eefu h\u00f3a \u0111\u1ea5t \u0111ai \u0111\u01b0\u1ee3c coi l\u00e0 m\u1ed9t trong nh\u1eefng ch\u00ednh s\u00e1ch kinh t\u1ebf ph\u1ed5 bi\u1ebfn t\u1ea1i n\u01b0\u1edbc Ph\u00e1p l\u00fac b\u1ea5y gi\u1edd. Ch\u00ednh ph\u1ee7 Ph\u00e1p ph\u00e1t h\u00e0nh t\u00edn phi\u1ebfu v\u00e0 cam \u0111oan ng\u01b0\u1eddi n\u1eafm gi\u1eef ch\u00fang s\u1ebd l\u1ea5y l\u1ea1i \u0111\u01b0\u1ee3c \u0111\u1ea5t \u0111ai trong t\u01b0\u01a1ng lai. Tuy nhi\u00ean \u0111\u1ec3 gi\u1ea3m th\u00e2m h\u1ee5t th\u00ec nh\u00e0 n\u01b0\u1edbc Ph\u00e1p \u0111\u00e3 ph\u00e1t h\u00e0nh qu\u00e1 nhi\u1ec1u v\u00e0 cu\u1ed1i c\u00f9ng d\u1eabn \u0111\u1ebfn si\u00eau l\u1ea1m ph\u00e1t.<\/p>\n<p><strong>Si\u00eau l\u1ea1m ph\u00e1t \u1edf \u0110\u1ee9c (1921 \u2013 1923)<\/strong><\/p>\n<p>N\u01b0\u1edbc \u0110\u1ee9c r\u01a1i v\u00e0o l\u1ea1m ph\u00e1t tr\u1ea7m tr\u1ecdng nh\u1ea5t v\u00e0o th\u1eddi \u0111i\u1ec3m th\u00e1ng 10\/1923 khi t\u1ef7 l\u1ec7 l\u1ea1m ph\u00e1t l\u00ea t\u1edbi 29.500%. C\u00f3 nhi\u1ec1u ng\u01b0\u1eddi cho r\u1eb1ng t\u00ecnh tr\u1ea1ng si\u00eau l\u1ea1m ph\u00e1t \u1edf \u0110\u1ee9c x\u1ea3y ra l\u00e0 do v\u1ea5n \u0111\u1ec1 n\u01b0\u1edbc \u0110\u1ee9c \u0111\u00e3 chi tr\u1ea3 qu\u00e1 nhi\u1ec1u cho chi\u1ebfn tranh. Tuy nhi\u00ean, nguy\u00ean nh\u00e2n th\u1ef1c s\u1ef1 l\u00e0 do Ch\u00ednh ph\u1ee7 \u0110\u1ee9c \u0111\u00e3 vay m\u01b0\u1ee3n \u0111\u1ec3 chi tr\u1ea3 cho chi\u1ebfn tranh thay v\u00ec tr\u1ea3 b\u1eb1ng \u0111\u01a1n v\u1ecb \u0111\u1ed3ng m\u00e1c th\u00ec ph\u1ea3i d\u00f9ng v\u00e0ng \u2013 ngo\u1ea1i t\u1ec7 t\u01b0\u01a1ng \u1ee9ng. Khi \u0110\u1ee9c th\u1ea5t tr\u1eadn li\u00ean t\u1ee5c v\u00e0 kh\u00f4ng th\u1ec3 chi tr\u1ea3 c\u00e1c kho\u1ea3n vay th\u00ec t\u00ecnh tr\u1ea1ng kinh t\u1ebf n\u01b0\u1edbc \u0110\u1ee9c r\u01a1i v\u00e0o tr\u1ea1ng th\u00e1i l\u1ea1m ph\u00e1t phi m\u00e3.<\/p>\n<p>Tr\u00ean \u0111\u00e2y l\u00e0 m\u1ed9t s\u1ed1 th\u00f4ng tin v\u1ec1 hyperinflation l\u00e0 g\u00ec, hy v\u1ecdng s\u1ebd h\u1eefu \u00edch v\u1edbi nh\u1eefng ai \u0111ang t\u00ecm hi\u1ec3u c\u00e1c v\u1ea5n \u0111\u1ec1 kinh t\u1ebf. Th\u1ef1c s\u1ef1, \u0111\u00e2y l\u00e0 m\u1ed9t t\u00ecnh tr\u1ea1ng kh\u00f4ng mong mu\u1ed1n \u0111\u1ed1i v\u1edbi b\u1ea5t c\u1ee9 qu\u1ed1c gia n\u00e0o v\u00ec n\u00f3 g\u00e2y ra nhi\u1ec1u \u1ea3nh h\u01b0\u1edfng. Song, \u0111\u1ed1i v\u1edbi c\u00e1c qu\u1ed1c gia \u0111ang ph\u00e1t tri\u1ec3n th\u00ec v\u1ea5n \u0111\u1ec1 n\u00e0y th\u1ef1c s\u1ef1 l\u00e0 r\u00e0o c\u1ea3n, khi\u1ebfn t\u00ecnh h\u00ecnh trong n\u01b0\u1edbc th\u01b0\u1eddng xuy\u00ean b\u1ea5t \u1ed5n.<\/p>\n<p style=\"text-align: right;\"><strong>Pha L\u00ea<\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hyperinflation l\u00e0 g\u00ec? Hyperinflation l\u00e0 m\u1ed9t kh\u00e1i ni\u1ec7m trong ti\u1ebfng Anh \u0111\u01b0\u1ee3c d\u1ecbch ra ti\u1ebfng Vi\u1ec7t c\u00f3 ngh\u0129a l\u00e0 \u201csi\u00eau l\u1ea1m ph\u00e1t\u201d. N\u00f3 th\u01b0\u1eddng x\u1ea3y ra trong nh\u1eefng n\u1ec1n kinh t\u1ebf \u0111ang g\u1eb7p ph\u1ea3i c\u00e1c v\u1ea5n \u0111\u1ec1 ch\u00ednh tr\u1ecb, kinh t\u1ebf ho\u1eb7c chi\u1ebfn tranh. H\u1eadu qu\u1ea3 c\u1ee7a si\u00eau l\u1ea1m ph\u00e1t g\u00e2y ra nhi\u1ec1u \u1ea3nh h\u01b0\u1edfng b\u1ea5t l\u1ee3i \u0111\u1ebfn s\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a m\u1ed9t \u0111\u1ea5t n\u01b0\u1edbc n\u00f3i chung v\u00e0 ng\u01b0\u1eddi d\u00e2n s\u1ed1ng t\u1ea1i \u0111\u1ea5t n\u01b0\u1edbc \u1ea5y n\u00f3i ri\u00eang. Trong b\u00e0i vi\u1ebft d\u01b0\u1edbi \u0111\u00e2y, h\u00e3y c\u00f9ng t\u00ecm hi\u1ec3u r\u00f5 h\u01a1n v\u1ec1 hyperinflation c\u0169ng nh\u01b0 m\u1ed9t s\u1ed1 th\u00f4ng tin li\u00ean quan \u0111\u1ebfn ch\u1ee7 \u0111\u1ec1 n\u00e0y.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[429],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/21406"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=21406"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/21406\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=21406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=21406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=21406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}