Three Simple Ways to Tank an Economy - YMB Podcast E151 Rum
WCN
·
2016-12-02
·00:36:15
·World Crypto Network
MP3, Links, and More: http://ymb.tc/e151
This is episode 151 of You, Me, and BTC – your liberty and Bitcoin podcast!
Today’s show is all about three economies struggling to maintain their fiat currencies. We covered one, Zimbabwe, a few weeks ago (http://ymb.tc/e149), where they use foreign curren...
Summary
ment's attempt to solve the problem by introducing larger denomination bills only exacerbates the hyperinflation.
Notable Quotes:
- "They're printing money like it's going out of style."
- "Cigarettes are the new gold."
- "The government is just making things worse."
People Mentioned:
- Tim (co-host)
- Daniel Brown (Host)
- Timothy Baker (Host)
Bitcoin Prices Mentioned:
- No specific Bitcoin prices were mentioned in this segment.
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People mentioned