Should we consider investing in the zimbabwe Dollar!?

Question

In such insane inflation, would it be cheap to invest in their currency as a investment? Things are bound to get better and once inflation comes down could that mean profits?

any help would be great!

Answer 1

You need to learn much about currencies, fiat money, hyperinflation and economics. Currencies are not stocks and fiat money does not represent real wealth. It is worth only as much as its printed. The more its printed, the less its worth. Its just paper. When the hyperinflation ends, they issue new notes which drop all the zeros, however, the previous notes that were printed NEVER appreciate in value, (No fiat currency ever does against a basket of real assets such as gold).

In order for your argument to make sense the money would have to be tied to something like a gold standard (which it isnt) and the previous money printed has to be destroyed to keep increase the value of your holdings (it wont be).

Answer 2

Inflation is high because country is a mess. It is possible that their dollar just disappears and they come up with new currency once their "President" steps down and stops acting like a dictator.