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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Johnny Q -Z
@JohnnyQ
09 March, 06:31
In response Vincent Kennedy⍟ to his Publication
That's a lot of 11.3 hints from you VK.
Z(imbabwe).
Z=26
11-15🤔
3/11 FryDay
LSWH
Z(imbabwe).
Z=26
11-15🤔
3/11 FryDay
LSWH
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Hyssop Cedar
@Hyssop_Cedar
09 March, 09:42
In response Johnny Q -Z to his Publication
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Only people mentioned by Pepe_T_ in this post can reply
Johnny Q -Z
@JohnnyQ
09 March, 10:43
In response Pepe _T_ to his Publication
I do, but was never sure if they were legit.
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Pepe _T_
@Pepe_T_
09 March, 10:44
In response Johnny Q -Z to his Publication
I'm not sure either but it sure makes you wonder now.
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Hyssop Cedar
@Hyssop_Cedar
09 March, 10:50
In response Johnny Q -Z to his Publication
And, it seems logical.
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