When Money Destroys Nations Quotes

“What is hyperinflation? It is the dramatic process of an established currency losing its usefulness as money. Prices rise rapidly and uncontrollably as a result of excessive money printing and a loss of confidence in the currency.”
― Philip Haslam, When Money Destroys Nations: How Hyperinflation Ruined Zimbabwe, How Ordinary People Survived, and Warnings for Nations that Print Money

“Typically, when highly indebted governments face a debt crisis, central bank independence is immediately withdrawn.”
― Philip Haslam, When Money Destroys Nations: How Hyperinflation Ruined Zimbabwe, How Ordinary People Survived, and Warnings for Nations that Print Money