As with most economic situations, there are winners and losers, but under the hyperinflationary conditions, there is only one side to that equation where most people end up, and that is the side of the “loser”. As the money becomes worthless, people with savings suddenly realise that their savings are now worthless. Hyperinflation is […]
Archives for October 2018
The Real Cost of South African Gold
The deepest gold mine in the world is located in South Africa and referred to as Mponeng. The mine is a staggering 2.5 miles hole in the ground, which 4000 South Africans know as their workplace. It is the closest experience I think a living person can get to hell with temperatures getting as hot […]