⚡️This is the most significant lesson the world has ever learned about how NOT to manage monetary policy.
I present to you the $50B Zimbabwe note. 👀 #Bitcoin
Discussion
Here's an interesting breakdown of the hyperinflation in Zimbabwe, which began in 2007, and has never recovered. Bitcoiners especially should learn about this to better understand the fragility of fiat currency, and just how bad things can get if key support and protection mechanisms aren't built around the currency.
https://en.wikipedia.org/wiki/Hyperinflation_in_Zimbabwe?wprov=sfla1