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Old 07-18-2011, 11:59 AM  
wig
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Join Date: Feb 2002
Location: Panama
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Quote:
Originally Posted by DWB View Post
Spend some time reading blogs from people who went through the Argentina crash in the late 90s. Some really good stuff out there in terms of survival and what is really important once your currency becomes worthless overnight.
It started in Argentina in 1975, they went through a few "currency reforms" over a decade and a half so that by 1992 one peso = 100 billion 1975 pesos.

Most people never heard of this hyperinflation and sure as hell 99% of people alive at the time were completely unaware of what was happening in Argentina.

If at some point in the future a single 2001 US Dollar is worth 100 billion times the then existing US Dollar, things will have already been so far gone that the whole world will be a different place.

Worrying about this scenario should only be for those attired with tin foil hats.


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