Milos Dedovic - "Prices Doubled Every Day and a Half"

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Uploaded by on Nov 30, 2011

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At the Casey Research/Sprott Summit When Money Dies, Milos Dedovic, of the Serbian-American Chamber of Commerce, spoke with David Galland, Managing Director of Casey Research about his experiences with the hyper-inflation in then Yugoslavia.

The sold-out When Money Dies summit was a huge success, with attendees and participants alike receiving much to think about. If you missed it, you can still "be there," via a full set of audio recordings. These are available now, in CD or MP3 format for your convenience. http://bit.ly/whenmoneydies

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  • I spent the winter in Brasil 1990-1991 and had to adjust my spending habits to 3,200% inflation.

    If you couldn't spend the Brasilian currency in 48 hours you didn't exchange your US dollars.

    Black market for almost everything...

    Between 1990 - 1995 they chopped 3 zeros off their currency twice...

  • This guy is describing Paul Krugman's wet dream.

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All Comments (8)

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  • Out of economic crises are born wars of extermination. The whole world is at this point IMO.

  • interesting to hear from someone who has been there.

  • @TalonNL999 keeps ppl poor so the government can continue its shenanigans, but keeping ppl poor and slaves to work they government guarantees tax revenue for themselves

  • Thanks for this interview!

  • @SpykerSpeed Why do this again and again? Because this way the banksters can steal the wealth from under our feet.

  • Why don't people in these situations demand gold/silver money? Why do they continually go back to paper money? It's depressing.

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