When money became cheaper than firewood

Imagine your money losing half its value every single day. Your life savings, gone within a week. This is hyperinflation, and it has destroyed entire countries.
⠀
It starts when a government cannot pay its bills, so it does the easy thing and prints money to cover the gap.
⠀
But printing money does not create wealth. It just makes each note worth less. Print enough, and prices start to explode.
⠀
People rush to spend before their money dies, and that panic pushes prices even higher. Now you have a vicious loop.
⠀
In Germany in 1923, prices doubled every few days. People burned cash because it was cheaper than firewood.
⠀
In Zimbabwe it got even crazier. They printed a 100 trillion dollar note that could barely buy a loaf of bread. The currency simply died.
⠀
This is the ultimate danger of money printing. A little inflation is normal and healthy, but unleashed, it can erase everything.
⠀
Trust in money is everything.
⠀
I built an app that makes the economy make sense. Learn finance by scrolling. Link in bio.
⠀
#hyperinflation #inflation #economy #moneyprinting #financialliteracy

Видео When money became cheaper than firewood канала Opening Bell