(RCSD) Zimbabwe Inflation (update) - Inflation hits 9.0 million percent - expected to hit 10.5 million % by the end of June
On Sat, 28 Jun 2008 12:26:01 GMT, Ryan Davenport
wrote:
With the Zim Dollar dropping in value to 100 Billion ZWD per 1 US
Dollar
and Inflation of 10 million percent, have we reached the level of post
WWII
Hungary yet?
No. Zimbabwe's inflation rate is 10,000,000% per annum. Hungary's
inflation rate was
2,900,000,000,000,000,000,000,000,000,000,000,000 ,000,000,000,000,000,
000,000,000,000,000,000,000,000,000,000,000,000,0 00,000,000,000,000,
000,000,000,000,000,000,000,000,000,000,000,000,0 00,000,000,000,000,
000,000,000,000,000,000,000,000% per annum.
That may be the sum total peak, but was is sustainable at that level
for *how* long? Since it was changing by the nanosecond, or so it
seems, that is a good question.
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