Monday, January 19, 2009

A 100 Trillion Dollar Bill, and 231 Million Percent Inflation

Yes, the title of this posting is describing the latest economic news from Zimbabwe. These numbers are just incredible. As this news item notes, the country recently introduced a nwe 100 Trillion Zimbabwe dollar note. This is necessary because of inflation, which is officially at 231 million percent, in but reality is much higher.

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