What happens to assets when a currency dies, when something like a stock is denominated in dollars? What happens to it when the dollar fails?
Does that asset just cease to exist? Does it crash to zero or does it somehow make it to the other side? Now, luckily for us, we are not flying blind here. Episodes of currency failures from hyperinflation have happened countless times in recent history.
This means there is a lot of data that we can pull from to help us navigate a hyperinflationary currency collapse.
Timecodes
0:00 Introduction
1:05 Normal Financial Accounts
2:45 Massive Overprinting from a Crisis
7:49 Government Involvement in Increased Inflation
10:24 Other Currencies in Daily Trade
14:47 Valuation of the Currency
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#DollarDies #Stocks #Inflation
