Modern History Project

"A little learning is a
dangerous thing"

"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)