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"Since the global financial crisis of 2008, the major governments of the world have resorted to printing vast sums of money to pay national debts and bail out banks. The warning signs are clear, and the collapse of the Zimbabwean dollar in 2009 after years of rampant money printing is a frightening example of what lies in store for the world's economies is painful, but necessary, reform is not enacted soon. When Money Destroys Nations tells the gripping story of the disintegration of the once-thriving Zimbabwean economy and how ordinary people survived in turbulent circumstances. Analysing this case within a gloabl context, Philip Haslam and Russell Lamberti investigate the causes of hyperinflation and draw ominous parallels between Zimbabwe and the world's developed economies. The looming currency crises and possible hyperinflation in these major economies, particularly the United States, have the potential to turn the current world order upside down. This story of how money destroys nations holds lessons that cannot be ignored."--Back cover.
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ZimbabweShowing 2 featured editions. View all 2 editions?
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1
When Money Destroys Nations: How Hyperinflation Ruined Zimbabwe, How Ordinary People Survived, and Warnings for Nations that Print Money
Mar 20, 2015, When Money Destroys Nations
paperback
0620590033 9780620590037
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2
When money destroys nations: how hyperinflation ruined Zimbabwe, how ordinary people survived, and warnings for nations that print money
2014, Penguin Books (South Africa)
in English
0143539183 9780143539186
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Book Details
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Edition Notes
Includes bibliographical references (pages 136-137).
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Feedback?December 21, 2022 | Edited by MARC Bot | import existing book |
September 20, 2020 | Created by MARC Bot | import new book |