"Markets can remain irrational longer than you can remain solvent." John Maynard Keynes

Inflation in Zimbabwe

Inflation levels in Zimbabwe are running at 13.2 billion per cent a month and could reach an all-time world record within weeks.
The latest figures put the country’s annual rate at 516 quintillion per cent – 516 followed by 18 zeros – overtaking Yugoslavia in 1994 and putting it behind only Hungary in 1946.

Zimbabwean prices are currently doubling every 1.3 days.

Scary stuff.

 


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