When Money Destroys Nations: How Hyperinflation Ruined Zimbabwe, How Ordinary People Survived, and Warnings for a World that is Printing Money

Summary

The collapse of the Zimbabwe dollar in 2009 after years of rampant money printing is an alarming example of what lies in store for countries that print money to pay national debts, bail out banks and enrich political elites.

When Money Destroys Nations tells the gripping story of the disintegration of the once-thriving Zimbabwean economy and the inspiring and tragic accounts of how ordinary people survived in turbulent circumstances. Philip Haslam and Russell Lamberti give a straightforward and revealing account of the causes and consequences of Zimbabwe's hyperinflation and how they apply to you in our world today.

Zimbabwe's economic collapse is not an isolated tragedy. It holds lessons for all countries and for all political leaders tempted to take shortcuts to prosperity. Zimbabwe's lessons must not be ignored.

This is the story of When Money Destroys Nations.