Gold For Bread – Zimbabwe

As the Fed is continually pumping money into the system, this video is an example of what happens when a currency is devalued and destroyed by creation of more money.

“A loaf of bread ends up costing 0.1 grams of gold, which would be about 5 UsD. Given that the gold isn’t pure and just panned from the river it could be less than that.

The video from Zimbabwe is a few years old but still goes to show the value given to gold in modern times. Keep in mind that the Zimbabwe dollar is worthless, as the video shows just good for using it as an envelope to keep the precious gold.”

 

Share Button
Print Friendly, PDF & Email

Leave a Reply

Your email address will not be published. Required fields are marked *

Help

WordPress theme: Kippis 1.15