Coin Shop blog that any coin collector or coin dealer would love to read. We highlight some of the best coin magazines in the US and there coin articles. I add some of my own items including Winston Salem coin club, silver price, gold price and the ever changing market of coins hope you enjoy.
Will Indebted Nations Globally Follow Venezuela Into Hyperinflation?
– Currency has become worthless in Venezuela's hyperinflation – Venezuela was once one of the wealthiest countries in South America – Currency collapse due to massive currency “printing,” digital currency creation and misguided socialist government – Toilet paper roll costs 2.6m bolivars or 0.40 cents but a gold coin (1 oz) can buy over 3,000 toilet rolls – Chicken costs 14.6m bolivars or $2.20 but a gold coin (1 oz) can buy over 540 chickens – Indebted nations throughout the world are vulnerable and some are already seeing sharp currency depreciation – Turkey, Syria, Iran, South Africa, Argentina & others [...]