Inflation in Lebanon
Retailers in Lebanon are currently facing first hand the effect of inflation on business. Read more here
Retailers in Lebanon are currently facing first hand the effect of inflation on business. Read more here
What I do
I work with companies to prepare for inflation/hyperinflation.
In an inflationary/hyperinflationary environment the critical need is for stable money. Otherwise customers cannot buy, staff cannot be paid and suppliers either charge exorbitant prices (to protect margin) or hoard.
I structure solutions to not only mitigate the worst effects of inflation/hyperinflation but enable the client to emerge with a stronger balance sheet from the experience.
The key to an effective inflation/hyperinflation strategy is to plan early before inflation erodes customer purchasing power.
These are not academic exercises. As stake can be the future viability of the business.
The events of 2020 have re-written the commercial rulebook.
In the words of Benjamin Franklin: By failing to prepare, you are preparing to fail.
In an inflationary/hyperinflationary environment the critical need is for stable money. Otherwise customers cannot buy, staff cannot be paid and suppliers either charge exorbitant prices (to protect margin) or hoard.
I structure solutions to not only mitigate the worst effects of inflation/hyperinflation but enable the client to emerge with a stronger balance sheet from the experience.
The key to an effective inflation/hyperinflation strategy is to plan early before inflation erodes customer purchasing power.
These are not academic exercises. As stake can be the future viability of the business.
The events of 2020 have re-written the commercial rulebook.
In the words of Benjamin Franklin: By failing to prepare, you are preparing to fail.
In every country in every historical period since the invention of money in 7th Century B.C. the over issue/debasement of currency has led to inflation followed by hyperinflation.
In the words of currency historian Nathan Lewis: Those who claim “this time is different” simply have no idea how much it is the same.
In the words of currency historian Nathan Lewis: Those who claim “this time is different” simply have no idea how much it is the same.