What Happened in Venezuela? Hyperinflation Nation: Part 3

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  • čas přidán 5. 06. 2019
  • Part 3 of our Hyperinflation story.
    A thought experiment. Let's invent a nation and cause hyperinflation. What are the consequences? How could it happen? Its important to note that the mechanisms described here are oversimplified for ease of access, and in reality there are many more moving parts. This video is just for fun, whilst helping people understand, in a basic sense, how fiat currencies can and do fail through hyperinflation events, just as has happened in Zimbabwe and is currently underway in Venezuela.

Komentáře • 18

  • @YankeeStacking
    @YankeeStacking Před 5 lety +1

    Boy, that’s kinda a tough hour for me, but I’ll definitely watch the replay!

    • @StackerNoobUK
      @StackerNoobUK  Před 5 lety

      Cheers Yankee all views are appreciated! It might not seem it but this series took an awful lot of work to put together haha!

  • @lostlittlebusman
    @lostlittlebusman Před 5 lety +2

    Very educational.
    Nice job
    I think I've hit the 500 oz mark
    Only 1 oz of gold lol 😂

  • @stevenp2153
    @stevenp2153 Před 5 lety +1

    Thought provoking.......nicely put together Stacker Noob

  • @MetalBum
    @MetalBum Před 5 lety +1

    Nice I was subbed already hehehe. Came from silver fortune t. Whatsupppp

  • @liambigl94
    @liambigl94 Před 5 lety +1

    Playing with shiny things that's what it's all about for me

  • @GETLUCKY101
    @GETLUCKY101 Před 5 lety +1

    This is a great video awesome information!! New friend here just subbed like #22 hope we can stay connected. Have a great day!! 👏👏🔔👍👍👍✌️

    • @StackerNoobUK
      @StackerNoobUK  Před 5 lety

      Thanks for the sub and kind words my friend!

    • @GETLUCKY101
      @GETLUCKY101 Před 5 lety

      Have an awesome day my friend! 👍👍✌️

  • @britishmgtow7251
    @britishmgtow7251 Před 5 lety +2

    Silver Stack today for the sake of tomorrow

    • @StackerNoobUK
      @StackerNoobUK  Před 5 lety +1

      Exactly! You just never know!

    • @britishmgtow7251
      @britishmgtow7251 Před 5 lety

      @@StackerNoobUK
      It's like a financial fire extinguisher where you will get your money back!