The future of money is under heavy speculation as U.S. debt continues to increase and people continue to feel the pressure of a downtrodden economy. With the value of currency declining all over the globe, is the world in danger of plunging into a currency war?
Zimbabwe suffered through one of the worst hyperinflation crises in history. The country's peak inflation was estimated at 6.5 sextrillion percent in mid-November of 2008. In August of 2005, it took $17,000 Zimbabwe dollars to buy one US dollar. In 2009, Zimbabwe abandoned its currency and, as of 2012, has not established another national currency -- Instead, it uses money from other countries.
With fear that other countries will meet the same fate as Zimbabwe, talks of a global currency have become more prevalent. The pros and cons of such a system remain under speculation by many.
In this infographic, MoneyChoice.org examines foreign exchange crises, quantitative easing, alternative currencies and the exploration of a global currency.
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