When Money Destroys Nations

When Money Destroys Nations

How Hyperinflation Ruined Zimbabwe

How Ordinary People Survived and

Warnings for Nations that Print Money

As countries around the world descend into a money printing free-for-all, Zimbabwe’s lessons have never been more relevant

Authors’ Comments on When Money Destroys Nations

This book is as relevant today as it was when we wrote it. Governments around the world are resorting to enormous money printing schemes that are not sustainable. Read how money printing will affect you and how you can prepare.

Philip Haslam

Our goal has been to make this complex subject easy to understand, with analogy and personal stories. When Money Destroys Nations is one of the most important books you will ever read .

Russell Lamberti

Praise for When Money Destroys Nations

The simplicity, clarity, and great use of metaphors in this book make When Money Destroys Nations a warning for the rest of the world. It makes me ask: ‘Will the U.S. be next?
Robert Kiyosaki

Robert Kiyosaki, Educator, Entrepreneur, Investor & Author of Rich Dad Poor Dad

Haslam and Lamberti have produced a fascinating, accessible account of how Zimbabweans actually lived (and died) during the world’s second-highest hyperinflation, one that dwarfed the German hyperinflation of 1922-23. Yes, the peak daily inflation rate in Zimbabwe in November 2008 was 98% — an economic tragedy that Haslam and Lamberti skillfully bring to life.
Prof. Steve H. Hanke

Director of the Troubled Currencies Project, Cato Institute

To understand the future you must first understand the past. Haslam and Lamberti have done a great job at documenting the Zimbabwean hyperinflation in an easily readable manner.

Even if you haven’t studied economics or central banking, you’ll be able to understand what happens when countries print money and why hyperinflation is coming to countries across the world, including the US dollar.

Jeff Berwick

CEO and founder of The Dollar Vigilante

SUMMARY OF BOOK

 

In their book, When Money Destroys Nations, Philip Haslam and Russell Lamberti tell the fascinating story of Zimbabwe’s economic turmoil and how ordinary people survived. In late 2008 the Zimbabwe dollar collapsed after eleven years of unrestrained money printing.

Hyperinflation had blazed out of control, turning lives upside down as soaring prices destroyed the once prosperous economy. This book reveals the ominous parallels between Zimbabwe and countries around the world that are printing money to fund their debts. Could these nations follow in Zimbabwe’s footsteps? Read this book to find out.