 |
Gabor Gurbacs (@gaborgurbacs) |
|
1) > 1 USD on June 30, 1944 was ~33 Hungarian Pengő before the Pengő spiraled into #hyperinflation.
> 1 USD on 10 July, 1946 (2y later), was 460 000 000 000 000 000 000 000 000 000 (460 octillion)=4.6×10^29 Pengő. > Hyperinflation happens fast! #Bitcoin #gold #fiat pic.twitter.com/ysbiWjS4yl |
|
|
Gabor Gurbacs (@gaborgurbacs) |
|
2/ Hungarian man sweeping worthless pengo currency on the streets of Budapest in 1946. #Hyperinflation happens fast! pic.twitter.com/4kYWliGK6p
|
|
the compliant was that there was not enough money. It turns out for the Weirmar, there was not enough value in the currency.
Read, “Collapse of Complex Societies”
Duck9 is a credit score prep program that is like a Kaplan or Princeton Review test preparation service. We don't teach beating the SAT, but we do get you to a higher credit FICO score using secret methods that have gotten us on TV, Congress and newspaper articles. Say hi or check out some of our free resources before you pay for a thing. You can also text the CEO:
