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Mexico 1916 Inflation As Told By Postal Rates

 
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United States
252 Posts
Posted 03/25/2013   01:02 am  Show Profile Bookmark this topic Add fotofila to your friends list Get a Link to this Message
The rapid increases of postal rates are excellent indices of inflation, such as the case in China right after WWII. Chinese Nationalist Government, the Kuomintang, tried to stabilize the inflation by changing the monetary systems from the Chinese National Currency (CNC) to Gold Yuan, than to Silver Yuan and the postal rate increases could not be charted on a linear graph paper, even failed to tell the story on a log graph paper. I have tried this numerous times and failed.
The similar economic event happened in Mexico at the end of the Revolution (civil war) in 1916. Nearly one million Mexican were killed. The postal rate changed from 25 centavos on a letter on Sept 1, 1916 to 2 pesos and 50 centavos on Nov 1, 1916. That was 10 time increase in two months.

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Pillar Of The Community
Canada
4648 Posts
Posted 03/25/2013   12:28 pm  Show Profile Bookmark this reply Add Bujutsu to your friends list  Get a Link to this Reply
Great covers fotofila. The inflationary covers of Mexico are a specialty by themselves, just like their German counterparts.

Thanks for sharing

Chimo

Bujutsu
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