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Gold for Bread: Zimbabwean Hyperinflation as a Cautionary Tale

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Uploaded by on Mar 2, 2009

As our own government's corruption is finally causing both the American and much of the global economy to seize, many people are holding their breath, wondering what exactly will come next. The talking heads of prime time punditry are telling us things will be tough, but we'll make it through. History suggests this won't be the case.

The story of Zimbabwe is a somewhat complicated one, and I suggest you study it for yourself, but what you need to know is that it has been facing steady inflation since the nation's inception in 1980. Then a few years back the Reserve Bank of Zimbabwe turned their printing presses into overdrive, creating trillions of dollars, and blowing the State into hyperinflation. In just a matter of years the nation's inflation rates exploded from about 1000% to a mind-numbing 231,000,000% as of last July.

Most Americans are unhappy about the bailouts and new stimulus package (both spearheaded by Obama), but many don't realize that the numbers are far greater than they've been told. It's hard to keep track of numbers, so I'm not certain of an exact figure, but in just a few months the Federal Reserve has created trillions of dollars out of thin air (perhaps now in the double digits), and given them to powerhouse corporate cartels with virtually no stipulations attached.

Consider the following:
*The US's unfunded liabilities are already greater than the GDP of the entire world.
*Nations around the world are already rioting and toppling their governments over economic woes and food shortages.
*We are dangerously dependent upon oil for travel, food, water, power, communication, protection, etc., and the people with the greatest control over the oil are the one's robbing us blind.
*The world is already experiencing MAJOR food shortages, and record-breaking droughts are predicted in many of the major agricultural regions around the globe.
*The average American citizen has no idea what is happening right now.

If you are one of those who is still reliant upon the system, I suggest you consider what you will do when it collapses... and it will. This is not speculation. It is only a matter of time. Unless you find the lifestyle of those in this video appealing, I suggest you begin forming a contingency plan for you and your family IMMEDIATELY. Time is not on our side.

Video from: http://www.guardian.co.uk/world/2009/feb/13/zimbabwe-internationalaidanddevel...

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  • Maybe now they are seeing that it was a bad idea to run all those farmers out of their country (or kill them) and steal their land just because they were racist against them because they were white

  • It is coming here to America soon. Those rich fuckers who have done this will flee. Do your own research about who runs the media and US Government, and FED. Don't lie to yourself on that either.

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  • Lol "No way can we get food from this Area"

    WTF the Rhodesian farmed the fertile Lans Massively when they were there.

    GROW SOME FOOD YOU DUMB NIGGERS.

  • @rezek71 .O1 grams idiot

  • I don't like what government did and the land redistribution. In fact I don't like black people. But If i see a girl that has nothing even if she hates me I will help her. I hope one day to help people of zimbabwe.

  • This is what happens when you let niggers run a country!

  • This is painful to watch. :'(

  • @datadude2k No, it DID have to do with colour, just not the way you think. Mugabe got support by publicly damning whites as a race.

  • @nonantianarchist

    or the watered down version in practice in america today where failed banks are given full garantuee and even bonusses for failing. All the money needed is just created and paid for by interest. Ofcourse this cycle has to continue since no one is going to pay the interest. So its a paced down hyperinflationary policy which has yet to take effect. Goodluck bro

  • They shouldn't have killed all the farmers .... who happened to be white.

  • It was 'point one' grams or .1 so the bread was 3.50.

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