Men, cooperating under the system of the division of labor, have created all the wealth which the daydreamers consider as a free gift of nature. - Ludwig von Mises

Sunday, November 9, 2008

Pictoral of Zimbabwe Hyperinflation


Zimbabwe has been experiencing unbelievable inflation for some time, but recently it has been calculated at 231 million percent. I really can't even wrap my mind around that, so here are some pictures that show day-to-day financial transactions. Quite amazing.

http://www.boncherry.com/blog/2008/10/26/global-crisis-this-is-the-real-crisis/

1 comment:

Anonymous said...

Wow that is insane! The restaurant check for $1.2 billion is my favorite.
I can't help but wonder what came first, the hyperinflation or the printing of all of those new bills?