An edition of When money destroys nations (2014)

When Money Destroys Nations

How Hyperinflation Ruined Zimbabwe, How Ordinary People Survived, and Warnings for Nations that Print Money

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February 9, 2021 | History
An edition of When money destroys nations (2014)

When Money Destroys Nations

How Hyperinflation Ruined Zimbabwe, How Ordinary People Survived, and Warnings for Nations that Print Money

  • 5 Want to read
  • 1 Currently reading

"Since the global financial crisis of 2008, the major governments of the world have resorted to printing vast sums of money to pay national debts and bail out banks. The warning signs are clear, and the collapse of the Zimbabwean dollar in 2009 after years of rampant money printing is a frightening example of what lies in store for the world's economies is painful, but necessary, reform is not enacted soon. When Money Destroys Nations tells the gripping story of the disintegration of the once-thriving Zimbabwean economy and how ordinary people survived in turbulent circumstances. Analysing this case within a gloabl context, Philip Haslam and Russell Lamberti investigate the causes of hyperinflation and draw ominous parallels between Zimbabwe and the world's developed economies. The looming currency crises and possible hyperinflation in these major economies, particularly the United States, have the potential to turn the current world order upside down. This story of how money destroys nations holds lessons that cannot be ignored."--Back cover.

Publish Date
Pages
258

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Edition Notes

Source title: When Money Destroys Nations: How Hyperinflation Ruined Zimbabwe, How Ordinary People Survived, and Warnings for Nations that Print Money

The Physical Object

Format
paperback
Number of pages
258

Edition Identifiers

Open Library
OL31941821M
ISBN 10
0620590033
ISBN 13
9780620590037

Work Identifiers

Work ID
OL22301686W

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