Dollars And Nonsense

In this episode, we discuss the effects of hyperinflation on Infinite Banking policies. We also dive into the rise of cryptocurrencies and how you can remain flexible to navigate the issues that are on the horizon. ~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e36/ Hyperinflation, in a nutshell, is when a country's currency becomes devalued. And people lose trust in the money, consequently. We've seen hyperinflation in the US to a certain extent back in the 1980's. But we've never experienced anything like what took place in Zimbabwe here in the US. Some other countries, like Zimbabwe and the Weimar Republic, experienced hyperinflation to extreme levels. These are instances where the peoples of those countries were forced to carry around millions of dollars to fill up their cars with gas, sometimes trillions of dollars to do anything. So this is an almost foreign to us. The problem starts when a government decides to print more money. That's the number one cause of i