How do countries end up with worthless currency? Like countries who’s dollar bills lie on the ground or are burned for warmth because it has no purchase power anymore

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How do countries end up with worthless currency? Like countries who’s dollar bills lie on the ground or are burned for warmth because it has no purchase power anymore

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Anonymous 0 Comments

Think of it like a penny. 150 years ago the penny could buy things. It was worth about what a dollar is today. I throw pennies in the trash now. They’re not worth carrying. These other countries currencies are just devaluing faster. Their dollars are turning into pennies.

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