Zimbabwe's Hyperinflation: The Incredible Story of the 100 Trillion Dollar Note
January 16th Anniversary On January 16, 2009, the Central Bank of Zimbabwe issued a banknote […]
January 16th Anniversary On January 16, 2009, the Central Bank of Zimbabwe issued a banknote […]
On October 25, 1923, the Reichsbank printed 120 trillion marks as German hyperinflation spiraled out of control. A month later, the exchange rate gap reached $1 to $4.2 trillion. Let's look at the full story and its dire consequences.