May as well add a few more to the fiat collection.
They are pretty and colorful but don't even make good kindling or butt wipe.
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May as well add a few more to the fiat collection.
They are pretty and colorful but don't even make good kindling or butt wipe.
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10,000 Venezuelan Bolivars? Use it to buy crypto or previous metals! Just wait until those notes reach the millions!
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The 1945 Hungarian Note is 10 Million Pengo, there are much bigger denominations than this one.
Another text book case of Hyperinflation as the Hungarian government struggles to rebuild following WW2.
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Very true! Central bankers seem to overreact to deflations and thus the following hyperinflations occur. War is a really obvious reason for deflation, to fund the wars and the despair that follows. COVID is also one of these sparks. Those in charge will overreact with stimulus and when people feel confident with the amount of currency they have we will see an increase in inflation and leading to hyperinflation. How long this will take I don't know, perhaps 5 years plus!
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