An educational infographic detailing five historical examples of fiat currency hyperinflation and failure.

Infographic titled 'FAMOUS FIAT CURRENCY FAILURES' showing bank notes and descriptions for the 1790s French Assignat, 1923 German Mark, 1930s-40s Chinese Fabi, 2000s Zimbabwe Dollar, and 2010s-2020s Venezuelan Bolivar.

FAMOUS FIAT CURRENCY FAILURES 1790s - French Assignat During the French Revolution the new government printed so much money that the currency lost 99% of its value within five years. 1923 - German Mark The most famous currency collapse in history. The printing presses went into overdrive to cover lost production and pay striking workers after the French invaded the Ruhr. 1930s - 1940s - Chinese Fabi When Japan invaded China in 1937, the government inflated the currency to finance the war effort. The currency collapse contributed to the collapse of the Nationalist government. 2000s - Zimbabwe Dollar After failed economic reforms printing money became the way the government financed all its needs. Fewer goods and more units of currency led to an explosive hyperinflation. 2010s - 2020s - Venezuelan Bolivar A significant drop in the oil price led to a fall in the demand for Bolivars. The cost of imported goods rose. President Nicholas Maduro decided that his solution to the problem was to print more money. www.hardmoneyhistory.com