Soon, very much like Zimbabwe, 3 eggs will cost US$ 100 billion. All of us will no doubt be Trillionaires. But we probably cannot afford breakfast. All our hundreds of thousand of dollars of savings, will not buy us chicken shit ! Hyper-inflation destroys savings ! So what’s not to like about Gold ?
How to Destroy a Country .....
by Tom Palmer on July 8, 2008
When you create this
and this.....?
and get this....
I saw something similar in Belgrade during the hyper inflation they experienced under Milosevic. Mounds and mounds of soggy paper notes in “wishing wells,” as people tossed in big handfuls of nearly worthless notes of high denomination. But even that hyper inflation has been greatly surpassed by the astonishing hyper inflation in Zimbabwe, which seems to have attained the status of all-time record for currency depreciation through inflation. [Note correction from Slavisa in the notes.]
Note the expiration dates on the new “Special Agro-Cheques”: “Pay to the bearer on demand twenty five billion dollars on or before 31st December 2008″
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