A Speedy Explanation of the Speedy Inflation in Zimbabwe
June 20th, 2011Silver-specialist, David Morgan, interviews Reed Larsen from Old Glory Mint who has put together a display of Zimbabwe notes from 2008-2009. It doesn’t take all day to present what happened to the currency in Zimbabwe once hyperinflation set in.
Zimbabwe no longer distributes its Z$ as the country’s currency but now allows the exchange of foreign currencies such as: the South African Rand, Botswana Pula, Pound Sterling, Euro, and the US Dollar. As stated in the video, the use of silver and gold is also legal.