A Loaf of Bread for Z$200 Billion? Now That’s Inflation

July 31, 2008 – 10:27 am

Zimbabwe is the latest example of what happens when inflation spirals out of control to the point of hyperinflation. With the highest rate of inflation in the world - about 2.2 million per cent - Zimbabwe last week issued a Z$100 billion note, though still not enough to buy a loaf of bread, which is roughly double the price.

Read More Now

Post a Comment