What Does An Economy In Hyperinflation Look Like?

With all this talk about Hyperinflation and how Gold and Silver will be used as currency; I have found this video on the most recent country to hit hyperinflation: Zimbabwe

In November 2008 inflation in Zimbabwe hit 89.7 sextillion percent – that is 89 700 000 000 000 000 000 000%.

To get a rough idea how much that is – a sextillion is a billion trillions.In addition to the staggering hyperinflation, unemployment in Zimbabwe also went up to 85% and over the third of the people left the country. Check out the pictures below to get an idea how was life in Zimbabwe during the hyperinflation.

Zimbabwe’s inflation is hardly history’s worst — in Weimar, Germany in 1923, prices quadrupled each month, compared with doubling about once every three or four months in Zimbabwe. That said, experts agree that Zimbabwe’s inflation is currently the world’s highest, and has been for some time.  Could this happen to America in the near future?

Fact: Hyperinflation has occurred in 30 nations within the last 100 years.

What can you buy with 100 billion dollars? 
Well in Zimbabwe… it’s not enough for 4 eggs but you can get 3…

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