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Get educated, and be prepared to survive the uncertainty of the near future...

Coming to a country near you … soon !

Coming to a country near you … soon !

The Zimbabwe Lesson

In 1980, Zimbabwe issued a new dollar currency in which 1 ZWD (Zimbabwean dollar) was worth $1.47 in U.S. dollars.

Twenty-seven years later, in 2007, the Zimbabwean economy was undergoing severe turmoil and distress, resulting in the progression of a monetary hyperinflation, a state of rampant paper currency debasement.

 

At the peak of the hyperinflation 300,000,000,000,000 Zimbabwean dollars equaled $1 U.S. dollar.

In February 2009 the Zimbabwean dollar was re-denominated for the last time before it was finally abandoned for foreign fiat currencies in April 2009.

 

Read the full article “The Road to Hyperinflation is Paved With War & Distrust” @ http://goldsilver.com/article/the-road-to-hyperinflation-is-paved-with-war-and-distrust/?utm_medium=email&utm_campaign=Gold++Silver+Weekly+-+3+-+26+-+2013&utm_content=Gold++Silver+Weekly+-+3+-+26+-+2013+CID_605f66148e51a5e253c186462bd0c767&utm_source=GoldSilver%20Email%20Marketing&utm_term=Watch%20Video

 

Get educated, and be prepared to survive the uncertainty of the near future…

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