by Andrew Henderson, Nomad Capitalist:
We’ve talked about the little-discussed early American hyperinflation (and the current threats of dollar collapse). We’ve talked about Argentina’s maddening capital controls and their effect on sky-high inflation rates.
Neither of those countries, however, can hold a candle to some of the worst cases of hyperinflation in modern history. You’ve seen photos of Germans sweeping worthless Deutsche marks into the gutter or using their hyperinflated fiat currency as wallpaper. Now, read about the biggest monetary debacles ever.
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