You are viewing a single comment's thread from:

RE: House for One Ounce of GOLD - Gold vs Silver vs Dollar - Price and HyperInflation

in #steemsilvergold7 years ago

Thanks. Zimbabwe inflation rate was astronomical, the highest record shows month-to-month inflation rate of 79,600,000,000%. (https://www.cato.org/zimbabwe) Hopefully, the USDollar won't go that fast.

On the other hand,we see Venezuela has had 800% inflation rate (year-over-year) in February 2017. The IMF previously predicted it to be 1600% inflation rate.

Thanks again for commenting.

Sort:  

Yes I know about the disaster in Zimbabwe, what a human tragedy my friend.
I have a collection of their notes, here is the link if you want to have a look, cheers.
https://steemit.com/silver/@silverbug/want-to-see-what-hyperinflation-looks-like

Thanks,that post is very helpful and informative. I didn't know that much about Zimbabwe, definitely not the root cause of their troubles. It was a tragedy!