$100 trillion note worth only 40 cents

Zimbabwe’s $100 trillion note, worth around 40 US cents when last in circulation, a case of modern day hyperinflation. But you would have retained the purchasing power of currency if you were holding “GOLD” instead of paper currency. After all in my view GOLD in neither a deflation hedge or an inflation hedge……it is a hedge against political stupidity

 

Ritesh Jain