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.
https://money.howstuffworks.com/how-much-money-is-in-the-world.htmNotice: Undefined index: tg1tga_access in /home/admin/www/anonup.com/themes/default/apps/timeline/post.phtml on line 396
Johnny Q -Z
@JohnnyQ
09 March, 03:08
In response Vincent Kennedy⍟ to his Publication
I was a kid when my country was under sanctions & was hit with one of the worse hyperinflations in the world. Yugoslavia.
https://en.m.wikipedia.org...
https://en.m.wikipedia.org...
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:) ako ne pozuris odmah do dilera, za platu si mogao kupiti burek sutradan
08:05 AM - Mar 09, 2022
In response Johnny Q -Z to his Publication
Only people mentioned by sigma777 in this post can reply
Johnny Q -Z
@JohnnyQ
09 March, 08:07
In response garm hava to her Publication
Il' što bi Đole rek'o "Namlatim mesecno šest maraka bude za cipovku i frtalj kile čvaraka".
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