When Money Destroys Nations

  • How Hyperinflation Ruined Zimbabwe
  • How Ordinary People Survived and
  • Warnings for Nations that Print Money
Book Summary

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WHEN MONEY DESTROYS

A Course on How Global Money Printing Affects You

This course will give you:

  • an understanding of the world you live in
  • key insights into the mechanisms of money printing
  • input to guide your response

 

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Authors’ Comments on When Money Destroys Nations

“Global money printing may be the greatest risk, and greatest opportunity, of our time. This book couldn’t be more perfectly timed as the major economies of the world increasingly resort to vast money printing programs to keep their banks and governments afloat. But is this sustainable? We’ve provided ground-breaking research in our study of Zimbabwe and it gives vital clues to the long term consequences of money printing.”

Philip Haslam

“The book is easy to understand and full of the accounts of regular people in Zimbabwe who lived through hyperinflation. How would you respond in such circumstances? Our goal has been to make this complex subject easy to understand, with analogy and personal stories. When Money Destroys Nations is a gripping read and it answers critical questions in a time of deep global uncertainty.”

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.