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Living through Hyperinflation in Lebanon

Financial Heresy

CHAPTER

The Downstream Effects of Hyperinflation in Lebanon

Lebanon was at number one in the world in terms of inflation rate. The country is reliant on a lot of private generators for neighborhoods to run. Most people are only have about five amps at a time, so you can't even have fridges that take more than five amps,. Because the newer ones are better, but the older ones are not so much. And they still have to pay $100 a month for those five amps that aren't even on all day. It's only on 16 hours a day or so. So we went through an electricity crisis and a gas petrol crisis among other things. We were able to get some systems to help give a couple of amps at least

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