Why Are White Farmers Losing Their Land In Zimbabwe? - http://testu.be/1e07uOA Subscribe! http://bitly.com/1iLOHml In Zimbabwe, inflation was so bad that the government offered $175...
========== In June 2015, Zimbabwe began offering an exchange
of $5 US dollars for $175 quadrillion Zimbabwedollars. In 2008, their rate of inflation
hit 500 billion percent, and soon after, Zimbabweabandoned their currency. So, how did it get
so bad, and what exactly is inflation?Well, often inflation is described as âtoo
much money chasing too few goodsâ. Whatthis means, is, if thereâs too much physical
currency floating around in the economy, thenthe moneyâs worth is diluted. Inflation
and DEflation, are tightly regulated by thegovernment. And if they werenât, unchecked
inflation of currency could lead to marketchaos. In severe cases, a personâs life
savings could become essentially worthless.There are many variable factors that play
into inflation. One, is...
