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February 08, 2006
Zimbabwe At 1000% Inflation
New campaign slogan for Robert Mugabe: I butcher economies, too!
The governor of Zimbabwe's reserve bank last week admitted that his country is in the grip of hyperinflation, with some economists predicting an inflation rate of 1,000% within two months.
This week saw the introduction of a so-called "bearer cheque" worth 50,000 Zimbabwean dollars - 50 times the highest available banknote - but actually worth around half a US dollar and only enough to buy a loaf of bread.
Via Drew Curtis' Fark.