You’ve probably heard about rising fears about inflations in the US and pretty much all the countries in the world. Current inflation in USA is about 4%.
How bad can it get?
This Southern African country currently boasts inflation over 100,000%. What does this mean?
With inflation at 4% it takes 18 years for money to lose half of its value. By using the rule of 72 we can calculate that with inflation at 100,000% it takes about 6 hours and 20 minutes for your 100 dollars to become $50.
With inflation this high it means that when you leave your shopping for the next day you have effectively lost 93,75% of your money.
Germany in the 1920-s
In 1922 and 1923 Germany went through it’s worse inflation. According to Wikipedia in 1922, its highest denomination was 50,000 Mark. By 1923, the highest denomination was 100,000,000,000,000 Mark. In December of 1923 the exchange rate from marks to US dollars was 4,000,000,000,000:1. During the worst times, one U.S. dollar was equal to 80 billion Mark.
Here are some pictures about living with hyperinflation
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