Zimbabwe: A lesson in how NOT to Run an Economy, or a Country! 📉💸

1 year ago
89

From Comically Enormous Rates of Inflation that produced 100 Trillion Dollar Bills that were barely worth a US Quarter, to kicking out White Farmers and the Mass Starvation that followed soon after, to Extreme Poverty & Inequality and the most openly Corrupt Leadership in the World, let's look at some of Zimbabwe's failures in running a country.

FUN FACT: Smaller denominations Zimbabwe's fiat paper currency cost more to produce than the face value of the bill. It was not uncommon for the people to take a portion of their paychecks and convert it into the smallest bills they could find, because it was cheaper to use the cash to get fires started than purchase fire starting supplies at the store.

Original Video by houser: https://www.youtube.com/watch?v=MtYE-KINteg

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