It can be said that considering the economic, technological, and social (intellectual) growth from 1915 to present times a devaluation from 100 cents to 4 cents is very reasonable.
In some third world countries very little has changed and they have had serious runs of inflation.
I recently bought a 50 billion bank note provided by the reserve bank of Zimbabwe for 25 cents at the stamp and coin store.
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It can be said that considering the economic, technological, and social (intellectual) growth from 1915 to present times a devaluation from 100 cents to 4 cents is very reasonable.
In some third world countries very little has changed and they have had serious runs of inflation.
I recently bought a 50 billion bank note provided by the reserve bank of Zimbabwe for 25 cents at the stamp and coin store.
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