
I bought a silver Pengö to explain my kids the risk of hyperinflation. In 1947 in Hungary you could buy a bread with 100 million billion Pengö, but this silver 1 Pengö coin would still buy you a chicken. Hard asset vs Fiat.

I bought a silver Pengö to explain my kids the risk of hyperinflation. In 1947 in Hungary you could buy a bread with 100 million billion Pengö, but this silver 1 Pengö coin would still buy you a chicken. Hard asset vs Fiat.
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