Posts Tagged
Hyperinflation
As Currency Dies, Zimbabweans Will Get $5 For 175 Quadrillion Local Dollars
ZIMBABWEANS will start exchanging “quadrillions” of local dollars for a few U.S. dollars next week, as President Robert Mugabe’s government discards its virtually worthless national currency, the central bank said on Thursday.
The southern African country started using…
Russia Unloads 20% Of Its Total U.S. Holdings In One Month
EARLIER THIS week John Williams warned that hyperinflation will begin to appear in America sometime in 2015. He noted that, though the dollar is currently strong compared to other fiat money, signs that a currency collapse is coming will begin with the sell-off of the U.S. dollar.
It’s a known fact that…
