Sunday, 18 May 2008

Zimbabwe: Inflation Hits 355 000 Percent

This report tells us that inflation in Zimbabwe has managed to work its way up to a mere 355,000 percent. The report says
YEAR on year inflation for the month of March surged to 355 000% from the February figure of 165 000% as prices rose on the back of increased money supply to finance the 2008 harmonised elections.
Just stop printing money seems like good advice.

No comments:

Post a Comment