Want to become a billionaire? It is simple. Move to Zimbabwe. Here is a news story about Zimbabwe, which just issued a $50 billion dollar note to deal with hyper-inflation.
Before you get dreams of being rich, note that a $50 billion dollar note in Zimbabwe is just enough to buy two loaves of bread.
Will we be paying for these stimulus packages down the road with hyper-inflation? I wonder.
What do you think the chances are that we will have significant or hyper inflation in the next few years?
A Tale of Two Leaders
6 years ago
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