Hardly the first. See Weimar Mark, Argentine Peso, Turkish Lira, Zimbabwe Dollar, etc. Every fiat currency eventually fails, and many don't make it for more than evne 5 years.
Hardly the first. See Weimar Mark, Argentine Peso, Turkish Lira, Zimbabwe Dollar, etc. Every fiat currency eventually fails, and many don't make it for more than evne 5 years.
I didn't mean the first ever, I meant the first major one in this coming depression.
I didn't mean the first ever, I meant the first major one in this coming depression.
The Yen will definitely be the first Fiat currency to fail at this rate.