Understanding Hyperinflation: A Bloody Nightmare

Hyperinflation isn't just some boring economic term - it's an absolute catastrophe when prices go absolutely mental, shooting up by more than 50% each bloody month. Compare that to the measly 2% yearly inflation most economies target. When hyperinflation hits, your paper money might as well be toilet paper.

I've watched this happen firsthand, and let me tell you, it's proper terrifying. When hyperinflation struck Venezuela, their bolivar became worthless faster than you could spend it. Meanwhile, Bitcoin values went through the roof. The clever ones who'd put their savings in crypto weren't left crying into their worthless banknotes.

What makes crypto so bloody brilliant during hyperinflation is that governments can't mess with it. There's only ever going to be a limited amount, unlike those money-printing wankers at central banks who keep churning out cash like there's no tomorrow.

If you don't want to end up broke when your government decides to run the economy into the ground, you'd be daft not to keep some of your money in crypto. I'm not saying put everything in - that would be mental - but having some as a safety net might save your arse when things go pear-shaped.

Honestly, the way some of these governments handle their economies is criminal. They print money to solve problems until the currency isn't worth the paper it's printed on. Meanwhile, the fat cats at the top have already moved their wealth into safe havens. Don't be the mug left holding worthless notes when it all goes tits up.

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