Freakonomics reader Justin Dombrow sent in this receipt from a dinner his South African friend had at the Victoria Falls Hotel in Zimbabwe.
But Dombrow’s friend doesn’t have to be rich to pay one and a quarter billion Zimbabwe dollars (ZWD) for two beers, a mineral water, and one dinner.
Thanks to inflation, it comes out to just $2.70 in U.S. dollars (according to OANDA.com).
Sunday, 8 June 2008
Billion dollar dinner
The effects of Robert Mugabe's economic policies in Zimbabwe are plain to see from this posting at the Freakonomics blog. They write,