| | Zimbabwe Inflation Going Nuts
http://africa.reuters.com/business/news/usnJOE4B206T.html
The Herald newspaper said the Reserve Bank of Zimbabwe had unveiled new Z$10 million, Z$50 million and Z$100 million notes that would go into circulation on Thursday.
The southern African country is in the midst of an economic meltdown, highlighted by the world's highest inflation, officially estimated at 231 million percent, although suspected to be much higher.
Possibly more accurate inflation numbers:
http://www.cato.org/zimbabwe
Inflation rate estimated at: 89,700,000,000,000,000,000,000% according to Cato institute estimate
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| | Posted 12/2/2008 11:32 PM - 15 Views - 4 eProps - 2 comments
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