Monday, August 06, 2007


Last Wednesday, Zimbabwe issued a new $200,000 note. You could buy a kilo of sugar with it.

According to the Reserve Bank of Zimbabwe, monthly inflation was 37.8% in February, 50.5% in March and 100.7% in April – an annual equivalent of nearly 619,000%. After that, they inexplicably stopped publishing the figures.

On the risible assumptions that these official numbers are accurate and that inflation hasn’t risen further since April, the new note should today be able to buy 887 grams of sugar. This time next week, 750 g. The week after, 635 g.


All Blog Spots said...

nice blog

RED ARROW said...

Votre homme a des problèmes de puissance, alors ces pilules vont certainement l'aider, vous pouvez acheter sur le site mon mari et moi avons aidé ce site, mon mari maintenant ne me laisse pas seul, pas seulement le jour mais la nuit