zimbabwe - inflation hits 231 million percent

cybrbeastsays...

The repossessing of the farms probably caused the economic crises but the inflation is the result of printing tons of money.
"According to a source at the Reserve Bank of Zimbabwe, G&D was delivering 432,000 sheets of banknotes every week to Fidelity printers in Harare, where they were stamped with the denomination."

radxsays...

Last I heard, they reached an annual inflation rate of 89.7 sextillion percent last November. Anyone know if they passed Hungary '46 by now as the highest monthly inflation rate ever?

GeeSussFreeKsays...

They were only in the 10s of thousands, I think this is unprecedented in human history. It is one of those records you don't want having though, like smelliest fart or largest wart.

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