Breaking News
Paper finds that Zimbabwe's Hyperinflation Second Worst in World History
Source: Reuters (blog) (8-18-09)
Steve Hanke and Alex Kwok just published a paper calculating last year’s hyperinflation in Zimbabwe, when “conventional inflation measures were not available.” Their conclusion is that in mid-November, prices were doubling every day. That means Zimbabwe’s hyperinflation ranks second worst in world history.
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