Zimbabwe printed a $100 trillion bill.
It still couldn’t buy bread.
Hyperinflation, land seizures, sanctions, collapse.
Now the gov't wants white farmers back — but the land's already gone.
Full story
https://www.ryanjhite.com/2025/05/31/the-country-that-printed-100-trillion-and-still-couldnt-buy-bread/
#Zimbabwe #Hyperinflation #Geopolitics #Africa

Current bedtime reading is not very cheerful but quite fascinating #WhenMoneyDies by Adam Fergusson about 1920s #hyperinflation. Opening page reminded me very much of a different country to our East today. It took 10 years for the Mark to die, how long for the rouble?
Prepare for chaos I guess...

#Germany and a historical misunderstanding:
#hyperinflation: 1921-1924 vs. #deflation: 1930-1932 - The period after 1933 and its consequences were much more devastating due to #Brüning's #austerity policy, chart @diw.de interview (must-read)
https://www.diw.de/de/diw_01.c.932566.de/100_jahre_diw/von_den_brueningschen_notverordnungen_bis_zum_sondervermoegen.html

Useless Facts, Badly Drawn #413: The Pengő.
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#hyperinflation #economics #wackonomics #wtf #strangebuttrue #bizarre #history #money #inflation #banknote #hungary #pengo #webcomic #comics #uselessfacts #uselessfactsbadlydrawn

#WashingtonTimes #news headline, real cutting #journalism here' "Kamala Harris' McDonald's problem".

Spoiler alert: the problem is that McDonald's is charging more than they were in the 1980s.

This is a good example of the current #MediaBias.

#Harris is criticized for normal things like working at #McDonalds or being a black woman, followed by accusations of her somehow creating problems that are well understood, which she has proposed policies to address. #Trump is allowed to go on rants about Biden being a "dirty Palestinian" who is "giving Black jobs to Mexicans", Haitians eating pets, or whether or not Harris is black, and it's all brushed aside to pretend his vague nonsensical "policies" are equivalent to hers.

Every mention is made that the economy isn't recovering instantly under Biden, no mention is made of who caused the 2019 financial crisis, nor the #hyperinflation that Trump's "insane" (as McConnell's said) #tariff and #MassDeportation proposals would cause.

Things are unbelievably tough for people in #Nigeria, due to #hyperinflation. Food prices are staggeringly high. It is heartbreaking how old friends who used to do well are now really struggling. I sent one dear friend (with an MA, who used to have good jobs) some money and she said was going out straight away to buy garri, sugar, beans. And she is not one of the worst off. The majority in the country are really suffering.

https://theconversation.com/inflation-in-nigeria-is-still-climbing-while-it-has-slowed-globally-heres-why-222226

So, I'm at the local grocery store today, talking to the cashier about the price of food. She whispered that she was afraid that things were going to get worse and that she didn't know how to feed her family -- and nearly broke into tears. This shit is real! How are regular folks going to afford to live? #Hyperinflation #ClimateChange #FoodInsecurity #HungerGames

Im September 1923 stand die parlamentarische #Demokratie in Deutschland vor dem Ruin. Aus einem schleichenden Prozess wurde die #Hyperinflation. Droht uns das heute auch? https://www.nd-aktuell.de/artikel/1176314.weimarer-republik-hyperinflation-als-das-geld-wertlos-wurde.html

«Krupp und Stinnes werden ihre Schulden los, wir unsere Ersparnisse. Die Profiteure tanzen in den Palasthotels.» (Klaus Mann)

Vor 100 Jahren begann die #Hyperinflation in Deutschland.