Venezuela Issues Million Bolivar Bill Worth 50 Cents As Hyperinflation Rages
By Tyler Durden Venezuela’s currency has lost 99.999% of its value during the six years of hyperinflation, forcing the country to issue larger banknotes. On…
By Tyler Durden Venezuela’s currency has lost 99.999% of its value during the six years of hyperinflation, forcing the country to issue larger banknotes. On…
By Dave Kranzler “The gold standard did not collapse. Governments abolished it in order to pave the way for inflation. The whole grim apparatus of…
By Tyler Durden Shipping bottlenecks created by the virus pandemic have disrupted global supply chains. There’s currently an imbalance of shipping containers around the world…
By Michael Snyder If you thought that authorities all over the planet could print, borrow and spend money like there was no tomorrow without any…
By Tyler Durden Update (1815 ET): one day after the Weimar tweetstorm below, and shortly after our article came out, Burry tweeted the following: People…
By Tyler Durden Is it time to worry about food inflation? The Food and Agriculture Organization’s Food Price Index rose for a seventh consecutive month…
By Michael Snyder If we continue destroying the U.S. dollar at our current pace, toilet paper will eventually be more valuable than U.S. dollars. I…
By Stefan Gleason In a year that was marred by a global pandemic and a wave of economic restrictions that crippled many small businesses, financial…
By Stefan Gleason The final weeks of the tumultuous year that has been 2020 present opportunities for investors to get their financial houses in order…
By Mike Gleason Podcast available below. Text: As volatility shook Wall Street again this week, gold and silver markets advanced strongly into Thursday morning trading…
By Stefan Gleason The dramatic ascent of precious metals markets this summer reflects what could be just the start of a longer-term decline and fall…
By J.G. Martinez D. Abnormal circumstances oblige people to be creative and innovative. The hyperinflation in Venezuela made wages a complete joke. We’re talking about…
By Avi Mizrahi Dozens of countries all over the world have used the same trick called redenomination to hide how they have stolen their own…