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hyperinflation horror stories

money-as-litter-13The Business Insider has a great article titled 10 Hyperinflation Horror Stories Of The 20th Century. I’ll summarize here.

1974 – Chile’s year-over-year inflation reached 746%.
Why: central bank printed money + anti-liberty political action including government takeover of private businesses.

1989 – Argentina’s annual inflation rate hit 12,000%
Why: central bank printed money + anti-liberty political action including government takeover of private businesses.

1987 – Nicaragua’s annual inflation rate rose to over 30,000%
Why: central bank printed money + anti-liberty political action including government takeover of private businesses.

1985 – Bolivia’s annualized inflation rate rose to 60,000%.
Why: central bank printed money + anti-liberty political action including government takeover of private businesses.

1949 – China’s inflation rate reached a monthly rate of 2178%
Why: central bank printed money + anti-liberty political action including government takeover of private businesses.

1944 – Greece’s monthly inflation rate peaked at 13,800%
(a daily inflation rate of 20.9%)
Why: central bank printed money + anti-liberty political action including government takeover of private businesses.

1923 – Germany reached a monthly inflation rate of 29,500%
Why: central bank printed money + anti-liberty political action including government takeover of private businesses.

1994 – Yugoslavia reached a monthly inflation rate of 313,000,000%
(a daily inflation rate of 64.6%)
Why: central bank printed money + anti-liberty political action including government takeover of private businesses.

2009 – Zimbabwe’s annual inflation rate stood at 516 quintillion percent
Why: central bank printed money + anti-liberty political action including government takeover of private businesses.

The Federal Reserve, who owns the US dollar, is printing money at a hyper pace and the USA federal government is taking anti-liberty political action including government takeover of private businesses.

What will hyperinflation look like in your neighborhood?

Here are some more pictures to help your imagination along.