Exploring the Devastating Effects of Hyperinflation: A Look at Zimbabwe's Monetary Collapse

Amazon Customer: Really enjoyed this book…

The style is friendly and non technical but it presents its ideas in a wonderful way to the reader and allows them to enter simply into the world of finance and banks from the ‘big picture’ perspective.

It really speaks in simple lay terms but very clearly shows the mistakes and thinking of companies , banks and governments including the ones of today like USA , UK, Japan , China etc and shows just what they are doing to prop up their money systems. Totally incredible read. Wow . What the governments of the world are doing to print money is amazing. I never realised quite how wide across the world this issue was and it’s a bit scary really …. Let’s see how the economies of the world play out !!!

United Kingdom on Aug 17, 2023

Amazon Customer: What and eye opener. Really explains the correlation between Zimbabwe and what is happening in the world currently as it parallels especially the US and its hold on the reserve currency. Excellent read.

United States on Jul 16, 2023

Sagebrush: On the downside, this book tends to repeat itself and circle back to the same points. It is not particularly well-organized, nor is its analysis particularly deep. That said, this book translates hyperinflation from some theoretical concept and/or historical anomaly that occurred in Germany 100 years ago into our contemporary world. In addition, this book makes numerous links from Zimbabwe to the financial fragility of the more developed nations. The book provides many every day examples of the consequences of hyperinflation, such as printed currency littering the streets with no one bothering to pick it up because it is worthless. The draconian, sometimes brutal response of the Zimbabwe government was eye-opening. Overall, this book was worth reading: it is a sobering, cautionary tale of the consequences of too much debt and excessive spending. 4.5 stars.

United States on Sep 01, 2021

mgjeff: Super Inhalt und gerade in Zeiten wie diesen brauchbar.

Germany on Mar 31, 2020

Lofty: Great analysis of the consequences of money printing.

Canada on Feb 22, 2020

side: Really interesting and full of infos

France on Jan 30, 2019

luis eduardo: llegó perfecto, y en condiciones excelente el producto, la calidad del material y su estado físico, como lo esperaba

gracias.

Mexico on Apr 04, 2018

qrnow: I've studied this topic in a variety of ways for over a decade. This book brings it all together in an understandable and easy to read manner. Once begun, I found it hard to put down.

What made it real for me was the real life examples from Zimbabwe. Then, when you follow the logical stages of hyperinflation through as laid out in the book, one with any kind of background on what is happening with our currency will find that the dots quickly begin to connect.

However, even if you know nothing about this topic (hyperinflation) it doesn't matter. The authors will make it quite clear that you'd better start planning for this very real
eventuality.

Highly recommended for the uninitiated to the hardcore prepper. Even the well planned will gain some value from this well organized and well sourced treatment. Kept my attention from the beginning to the end and showed me the gaping holes in my own game. And I thought I was doing OK.

The Zimbabwe reality as described in this book was a wake-up call for me. When you get that what happened there is happening globally and locally from this book the lessons available from this tiny nation, which once was a...

United States on Jul 18, 2015

Gary Smith: I found this book very helpful. It was both a warning and an encouragement at the same time. It is a lesson in basic economics for lay people like me, as well as a call for common sense. I also have a new respect for the Zimbabwean people who are still struggling through the effects of appalling financial governance, and at the same time, I have a better understanding of what is happening globally right now.
The greatest risk the world faces at present is not nuclear warfare or environmental disaster as so many think right now. It is a financial meltdown on a global scale. The authors’ state: “A worldwide government debt and currency crisis remains one of the largest of all global economic risks. It is certain that, if governments continue to pile up debts recklessly and to devalue their currency by printing money, a day of debt reckoning must come.” One just has to pay attention to much of the world news right now, and it’s easy to see this happening.
The Zimbabwean lesson, which comes from a very small economy (which at the time had very little effect on the world as a whole), becomes much more of an issue when one applies it to the huge economies of the world...

United States on Jun 08, 2015

Patrick Barron: This is a must read for students of monetary theory and the general public alike. The author is a native of South Africa and knows Zimbabwe very well. He has friends there and admires the people and the beautiful countryside. The destruction of the Zim dollar could hardly have cause more havoc than losing a war to a despised foreign power. Yet the Zimbabwe government itself was responsible and felt throughout the hyperinflation period that not only was it doing the right thing but that it could do nothing else. This is a lesson that I fear the rest of the world will learn soon enough. Today we may look down upon the Zimbabweans as foolish people, but our governments and central bankers are doing the same thing. Unfortunately, there is no "better" currency to which we can flee, as did the Zimbabweans to the dollar and the euro. Not only do we not learn from history, it appears that we are not even learning from current events.

United States on Dec 02, 2014