The Worst Inflation in My Lifetime

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“Shortly after we took this family photo in 1951, Dad decided to buy a second home in Brazil, where we experienced the worst inflation of the 20th Century.  One day, the president announced an appeal to patriotism — ‘gold for Brazil.’ All loyal citizens were asked to collect any gold they had in their home and donate it to the government.  Later, when inflation surpassed an annual rate of 2,000 percent, the government got so desperate it didn’t bother making public appeals. It summarily announced that everyone’s bank accounts were frozen and everyone’s savings were confiscated.”

http://www.moneyandmarkets.com/the-worst-inflation-in-my-lifetime-51073

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