When Money Destroys Nations

How Hyperinflation Ruined Zimbabwe, How Ordinary People Survived, and Warnings for Nations that Print Money

Philip Haslam & Russell Lamberti


  • Unknown publisher
  • Unknown city
  • 2015
  • English
  • Paperback
  • 258 pages


When Money Destroys Nations tells the gripping story of the disintegration of the once-thriving Zimbabwean economy and how ordinary people survived in turbulent circumstances. Analysing this case within a global context, Philip Haslam and Russell Lamberti investigate the causes of hyperinflation and draw ominous parallels between Zimbabwe and the world's developed economies. The looming currency crises and possible hyperinflation in these major economies, particularly the United States, have the potential to turn the current world order upside down. Zimbabwe's lessons must not be ignored.


To understand the future you must first understand the past. Haslam and Lamberti have done a great job at documenting the Zimbabwean hyperinflation in an easily readable manner. Even if you haven't studied economics or central banking, you'll be able to understand what happens when countries print money and why hyperinflation is coming to countries across the world, including the US dollar. - Jeff Berwick


Philip Haslam is an economic advisor, writer and speaker. He trained as a Chartered Accountant in South Africa,

Russell Lamberti is Chief Strategist at investment strategy advisory firm ETM Analytics, and co-founder of the Ludwig von Mises Institute South Africa.