1000 x ZIMBABWE 100 TRILLION DOLLAR BANKNOTES BRICK
- Source: eBay
These 100 Trillion Dollar Zimbabwe Notes are fresh and uncirculated. They each come in a clear plastic display envelope. These high denomination bills are a testimony to the effects of hyperinflation and fiat money on the value of a nation's currency.
The currencies of the United States of America and of most other industrialized nations are fiat money , that is paper money not backed by any standard. Governments' uncontrolled printing of this fiat money has historically been the cause of the boom/bust cycles of economic depression all over the world. This was true in the U.S. during the Great Depression. This is true today now more than ever.
Root causes of hyperinflation
The main cause of hyperinflation is a massive and rapid increase in the amount of money , which is not supported by growth in the output of goods and services. This results in an imbalance between the supply and demand for the money (including currency and bank deposits), accompanied by a complete loss of confidence in the money, similar to a bank run . Our government's unchecked 12 Trillion Dollar plus deficit spending is only possible through their ability