Sunday, April 08, 2007

Hyper-super-mega-globo-through-the-looking-glass inflation

How bad is inflation in Zimbabwe? Going by the official exchange rates it costs over $2,000/day to rent a car after you leave a $100,000 deposit. Plus:

The number of Zimbabwe dollars that bought a three-bedroom house with a swimming pool and tennis court in 1990 today - at official exchange rates - would buy a single brick. A lifetime public worker's monthly pension cannot buy a loaf of bread.
A can of soda? $40.

1 comment:

Anonymous said...

It's tasty soda, though.