Friday, July 18, 2008


Think we’ve got high inflation in Britain? No, no, no. Because in Zimbabwe, the only thing worth less than your vote is the money in your pocket. Inflation is now estimated at 12,500,000%. A loaf of bread costs nearly Z$100 billion (hat tip).

This means, assuming you’re using billion-dollar notes and that it takes you half a second to count one out, that by the end of the 50 seconds it takes to hand over the cost of a loaf, you’ll actually owe another Z$3.3 million for it.

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