Recap of this week's posts by D.Buzz
_{For the week ending on 9/19/2021 | Vol. 65}

What's buzzing, friends!

What if you could buy all the banknotes in a country for less than a penny? If you are in Hungary in 1946, you potentially could.

Let's talk about inflation... Inflation is no joke and it's actually really bad. We all know the government prints more money to try to make up for lost money, but that causes problems. The more money the government prints, the more money there is in circulation, but prices are still the same. #CryptoCurrency_MyHero

One of the highest inflation rates ever recorded was in the Hungarian nation. The year was 1945 through July 1946. The local currency, the Pengő, was valued in 1944 to be 1,000 Pengő, to $1 USD, to in about the middle of 1946, 100,000,000,000,000,000,000 Pengő to $1 USD.

When it hit its high point of inflation, you could have bought all of the Hungarian Pengő in circulation for $0.00001 USD. Now that's how one would "buy the dip", right?

This is actually quite a fascinating story you can read more about on Wikipedia, HERE. Another fascinating story to read about right here is the list of weekly updates from D.Buzz. Scroll down and be informed.

Thanks for spending your Sunday with us at D.BUZZ!

Thanks for being an active reader here on our blog.
As we move forward, we aim to build a strong community.

• If you have any suggestions on what we can do better, please let us know.

See you all on Monday!

- The D.BUZZ

We strive to have a fun and neutral stance on topics. If you have any concerns with the content, please contact @jacuzzi who writes and generates the content for our articles, or the @dbuzz team for clarification.