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?

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