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When Money Destroys Nations

When Money Destroys Nations

When Money Destroys Nations explains how hyperinflation ruined Zimbabwe, how ordinary people survived, and warns nations that print money.
Lamberti, Russell; Haslam, Phillip
24907
978-0-14-353918-6
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Title: When Money Destroys Nations
Subtitle: How Hyperinflation Ruined Zimbabwe, How Ordinary People Survived, and Warnings for Nations that Print Money
Author: Philip Haslam; Russell Lamberti
Genre: Current affairs, Economics
Publisher: Penguin Random House South Africa
Imprint: Zebra Press
Cape Town, South Africa 2014
ISBN 9780143539186 / ISBN 978-0-14-353918-6
Softcover, 15 x 23 cm, 152 pages

Description:

To understand the future you must first understand the past. Philip Haslam and Russell Lamberti, authors of When Money Destroys Nations: How Hyperinflation Ruined Zimbabwe, How Ordinary People Survived, and Warnings for Nations that Print Money, have done a great job at documenting the Zimbabwean hyperinflation in an easily readable manner. Even if you haven't studied economics or central banking, you'll be able to understand what happens when countries print money and why hyperinflation is coming to countries across the world, including the US dollar. An old and reliable adage states that one can learn either from experience or by reading what others have learned from experience. Most people have not lived through a monetary upheaval and have not experienced the disruptions to society when a currency goes bust. So to learn from others, When Money Destroys Nations should be on everyone's reading list.

Contents: When Money Destroys Nations

Foreword by Leon Louw
Timeline of Zimbabwe's hyperinflation
PART I: Money printing: the big picture
Bernanke's panic
Beautiful Zimbabwe
Storm warnings
Global money printing
Hyperinflation 101
The politics of printed money
PART II: Hyperinflation: the personal experience
The economics of hunger
Government shutdown
Strength in community
The death of the Zimbabwe dollar
PART III: Global storm a' brewing
Dollar supremacy
Total transaction control
Get prepared
Your opportunity
Endnotes
List of acronyms
List of big numbers
Bibliography
Acknowledgements
More about the authors
Disclaimer


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