09 March, 01:16
Example of 'Hyperinflation.'
"Zimbabwe dollar estimated that it was losing value so quickly that its decline was equivalent to prices doubling in stores every 1.3 days.
The Zimbabwean government decided to fight fire with fire and printed even more money in higher denominations. Eventually, the country would produce a $100 trillion Zimbabwean dollar note — which had an exchange rate of about $30 (U.S.) in January 2009 and $5 in 2011. By 2015, it was worth just 40 cents"
https://money.howstuffwork...
"Zimbabwe dollar estimated that it was losing value so quickly that its decline was equivalent to prices doubling in stores every 1.3 days.
The Zimbabwean government decided to fight fire with fire and printed even more money in higher denominations. Eventually, the country would produce a $100 trillion Zimbabwean dollar note — which had an exchange rate of about $30 (U.S.) in January 2009 and $5 in 2011. By 2015, it was worth just 40 cents"
https://money.howstuffwork...
How much actual money is there in the world? | HowStuffWorks
Exactly how much money is there in the world? Learn how some have counted the amount of money that exists and why it's such a difficult task.
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06:31 AM - Mar 09, 2022
In response Vincent Kennedy⍟ to his Publication
Only people mentioned by JohnnyQ in this post can reply
09 March, 10:23
In response Johnny Q -Z to his Publication
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Johnny Q -Z
@JohnnyQ
09 March, 10:24
In response TxGirl4Trump -UM to her Publication
And 10:23 / 123 TS for you. Vibes.
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Hyssop Cedar
@Hyssop_Cedar
09 March, 09:42
In response Johnny Q -Z to his Publication
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Pepe _T_
@Pepe_T_
09 March, 10:15
In response Hyssop Cedar to her Publication
Remember those R posts?
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Anthony - MAGA Z WWG1WGA
@shiftworker1976
09 March, 08:30
In response Johnny Q -Z to his Publication
Zims will be great for humanity.
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Nede Catherine
@EdenZed
09 March, 07:50
In response Johnny Q -Z to his Publication
11/3 le jour ou Vlad se retire de la matrice ? 🤓la blague
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Johnny Q -Z
@JohnnyQ
09 March, 08:01
In response Nede Catherine to her Publication
Let's see what happens😅
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