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Economy

In the 14th century, this unbelievably wealthy African king famously destroyed an entire nation’s economy simply by...

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In the 14th century, this unbelievably wealthy African king famously destroyed an entire nation’s economy simply by...

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In the 14th century, this unbelievably wealthy African king famously destroyed an entire nation’s economy simply by...
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Hungary experienced the worst case of hyperinflation in recorded human history following the end of the second world war in 1946.
Economy

Hungary experienced the worst case of hyperinflation in recorded human history following the end of the second world war in 1946.

Hungary experienced the worst case of hyperinflation in recorded human history following the end of the second world war in 1946. Prices for everyday goods…

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Zimbabwe printed a trillion-dollar note worth almost nothing
Economy

Zimbabwe printed a trillion-dollar note worth almost nothing

Hyperinflation is a magical economic phenomenon where everyone becomes a trillionaire but you still starve. The government kept adding zeros to the paper…

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When Russians hid US dollars in their mattresses
Economy

When Russians hid US dollars in their mattresses

When your government completely collapses, a Sealy Posturepedic becomes the most trusted financial institution. During the chaotic fall of the Soviet Union in…

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When prices doubled before a meal was over
Economy

When prices doubled before a meal was over

Imagine ordering a coffee and finding out it costs twice as much by the time you finish drinking it. During extreme inflationary spirals, rates shifted so…

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Mansa Musa destroyed the entire economy of Cairo in the fourteenth century simply by giving away too much free gold during a religious pilgrimage.
Economy

Mansa Musa destroyed the entire economy of Cairo in the fourteenth century simply by giving away too much free gold during a religious pilgrimage.

Mansa Musa destroyed the entire economy of Cairo in the fourteenth century simply by giving away too much free gold during a religious pilgrimage. The…

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When gold dust became Depression-era pocket change
Economy

When gold dust became Depression-era pocket change

Ah, the roaring thirties, when sweeping the floor was literally a gold mine. As paper money became as worthless as a politician's promise, folks resorted to…

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