Archives for: January 2008, 24

Zimbabwe's Hyperinflation: A Glimpse of Our Future January 24, 2008

by Will

Will Grigg's Liberty Minute January 24, 2008 Economist Bill Bonner notes that ?The long-term value of all paper currencies is zero.? This is because paper money not backed by gold or silver has no innate value. As such currencies inflate, they… more »