Effects of Hyperinflation in Zimbabwe
Published in
1 min readMar 26, 2019
When the hyperinflation started taking place in Zimbabwe people started hoarding to keep from paying more tomorrow. It started with durable goods, such as automobiles and washing machines etc.. Later people started hoarding perishable goods, like bread and milk (These daily supplies become scarce, and the economy falls apart).. A lot of people lost their life savings as cash became worthless..
Source: https://www.thebalance.com/what-is-hyperinflation-definition-causes-and-examples-3306097