#Hyperinflation: currency tranquility occurred during the heyday of the #gold standard. With the emergence and adoption of fiat currencies, the 20th century ushered in currency instability and #inflation.

The first hyperinflation occurred during the French Revolution (1789-96) when the mandat collapsed and the monthly inflation rate peaked at 143% in December of 1795. More than a century elapsed before another episode of hyperinflation occurred. Not coincidentally, this period of currency tranquility occurred during the heyday of the gold standard. With the emergence and adoption of fiat currencies, the 20th century ushered in currency instability and inflation. Indeed, since 1900 there have been 57 episodes of hyperinflation. And, five of those episodes can be claimed by Yugoslavia, Zimbabwe, and Venezuela. 

Read the article here: The Three M's: Milosevic, Mugabe, And Maduro
https://www.forbes.com/sites/stevehanke/2019/05/13/the-three-ms-milosevic-mugabe-and-maduro/

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.@SolGold_plc Coangos #Copper #Gold Project #Ecuador Update

Good results from @SolGold_plc's Rock chip samples and from a 200x1m long Breccia on the Coangos Project. Now time to drill and see what's below...

Breccia sample from Anomaly 2 - 27.98% Cu, 227 g/t Ag, 0.98% Zn

From 1.6 Billion to 7 Billion in a Century: How the Earth's Population Exploded

Turning Nitrogen from the air into Fertilizer for our food has been, possibly, the most important invention in human history. It's had such an extraordinary impact on our lives, leading to an explosion in the human population from 1.6 Billion to 7 Billion in a Century

From 1.6 Billion to 7 Billion in a Century: How the Earth's Population Exploded

The Haber-Bosch process allows us to turn nitrogen from the air into fertilizer for our food. It's had such an extraordinary impact on our lives, it led to an explosion in the human population.It might be the most important invention in human history.


Video by Tom Gibson
Source: Bloomberg


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