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“What is hyperinflation? It is the dramatic process of an established currency losing its usefulness as money. Prices rise rapidly and uncontrollably as a result of excessive money printing and a loss of confidence in the currency.”
― When Money Destroys Nations: How Hyperinflation Ruined Zimbabwe, How Ordinary People Survived, and Warnings for Nations that Print Money
― When Money Destroys Nations: How Hyperinflation Ruined Zimbabwe, How Ordinary People Survived, and Warnings for Nations that Print Money
“Typically, when highly indebted governments face a debt crisis, central bank independence is immediately withdrawn.”
― When Money Destroys Nations: How Hyperinflation Ruined Zimbabwe, How Ordinary People Survived, and Warnings for Nations that Print Money
― When Money Destroys Nations: How Hyperinflation Ruined Zimbabwe, How Ordinary People Survived, and Warnings for Nations that Print Money
