$25,000,000,000 Loaf of Bread
That’s Twenty-Five BILLION dollars for one loaf of bread. That’s what hyperinflation looks like. To buy two loaves of bread in Zimbabwe, right now, you would need a $50 Billion Note.
Zimbabwe’s central bank will introduce a $50 billion note — enough to buy just two loaves of bread — as a way of fighting cash shortages amid spiraling inflation.
When the government issued a $10 billion note just three weeks ago, it bought 20 loaves of bread. That note now can purchase less than half of one loaf.
Folks, with the Federal Government printing and spending Trillions of dollars in the past few months, hyperinflation in the US is a very real possibility.
– Rob
Ya know, it always makes me laugh when I see systems like this happen. The folks printing these incredibly large valuations are supposedly the highly educated, professional leadership that we depend on to make critical decisions.
Seems to me most farmers that are out there would be able to figure out a better system in about….oh….five minutes at a market then the bobbleheads in goverment.
Let’s hear it for barter!