452. What is Demonetization?
When inflation rises too sharply and currency loses its’ value, governments can and do take away all the value of the currency in a process called “demonetization”. In this episode, Ronni and Brittany talk about what’s happening in Zambia. Here’s a transcript of our conversation: Ronni: Hey, Brittany. Brittany: Hi, Ronni. Ronni: So, I know that we talk often about the gold standard here at Tutle Twins and Money and inflation and value and fiat and currency and all of that. But I was reading about something happening in Nigeria called Demonetization. Are you familiar with this term? It was