A number of basic goods such as sugar and cooking oil are now hard to find at official prices in Zimbabwe. Here are the details on the surging inflation…
Continue readingJust one day after Venezuela’s historic currency devaluation, which lopped off 5 zeros from the currency, there are serious problems. Here are the details…
Continue readingNot only is the Venezuela hyperinflation now on par with the Weimar or Zimbabwe hyperinflations, but there is now “spillover” effects. Here’s the details…
Continue readingThere’s been lots of talk about a second civil war, but looking at the action in the dollar and the metals tells a different story. Here’s the details…
Continue readingLynette Zang issues a clarification on what happened to the gold to silver ratio during the Weimar Hyperinflation. Here’s the details…
Continue readingHere’s a 7 minute video about getting bread during a modern day hyperinflation (Spoiler Alert: no Bitcoin involved), plus a bonus video…
Continue readingMartin argues that inflation and hyperinflation are not caused by an increase in the money supply but a loss of confidence. Here’s the details…
Continue reading“100 Trillion Dollar Notes are not yet required to purchase gold.” Here’s a reason why…
Continue readingFinding an earring backing made of silver, or a gold wedding ring, may be all the difference between eating and going hungry in Venezuela…
Continue readingThere’s simple explanations for what’s really going on with Bitcoin and the Bitcoin price in Zimbabwe. Here’s the details…
Continue readingThe MSMÂ is out with studies and theories extrapolating the awesomeness of Universal Basic Income (hand-out money to everybody, just because). Joe Jarvis explains how money can indeed be printed and […]
Continue readingWe’re sure this time will be different…
Continue reading“They went from set for life here in Zimbabwe to not being able to afford a loaf of bread in 2 days.”
Continue reading