• Socialist economics |
Financial 2007-08-01 |
"Zimbabwe's inflation rate could hit 100,000 per cent by the end of the year, the International Monetary Fund predicted yesterday. The forecast came as the country introduced its latest banknote: for 200,000 dollars, just enough to buy a small bag of onions... It won't be enough for a bag of rice, currently selling under the counter at about Z$230,000 per kg."
See: Scotsman article (2007-07)