When Fiat FAILS!! This CANNOT Be Ignored: Historical Lessons 💣

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📺 Useful Vids 📺

Worst Ponzi Ever 👉 https://www.youtube.com/watch?v=L_f6R0DHNH0

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⛓️ 🔗 Useful Links 🔗 ⛓️

The Definition Of Fiat Money: https://www.investopedia.com/terms/f/fiatmoney.asp
What Is Hyperinflation: https://www.investopedia.com/terms/h/hyperinflation.asp
Hanke-Krus Hyperinflation Table: https://www.cato.org/sites/cato.org/files/pubs/pdf/hanke-krus-hyperinflation-table.pdf
Hyperinflation Crisis In The Weimar Republic: https://www.bbc.co.uk/bitesize/guides/z9y64j6/revision/5
Hungarian Pengo Crisis: https://www.jstor.org/stable/1837370
The Downfall Of The Yugoslav Dinar: https://centerprode.com/ojsh/ojsh0202/coas.ojsh.0202.03043s.pdf
The Decline Of The Zimbabwean Dollar: https://www.linkedin.com/pulse/how-did-zimbabwean-dollar-lose-its-value-analysis-zimbabwe-mahmud/

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– TIMESTAMPS –

0:00 Intro
3:13 Introduction To Fiat
5:06 Germany’s Weimar Republic
9:33 Hungary
13:57 Yugoslavia
16:55 Zimbabwe
20:59 Conclusion

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📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Fiat #Economics #Inflation #History #Lessons