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Jan 3, 2017 · It’s not as crazy as you may think. Here’s a story of how this happened in Zimbabwe. Around 2000, Robert Mugabe, the President of Zimbabwe, was in need of cash to bribe his enemies and reward ...
- 4 min
- 859.2K
- Marginal Revolution University
Zimbabwe is one of the world's poorest countries, with the highest inflation rate. A little over a decade ago the rate was 90 sextillion percent year on year...
- 26 min
- 16.4K
- The Newsmakers
© 2024 Google LLC. Imagine waking up one day and knowing that the inflation rate of your country has almost doubled from what it was yesterday! This isn't any chronicle from a ...
- 12 min
- 2.3K
- Across Cultures
Jun 22, 2023 · African Bullion Exchange. 381 subscribers. 2. 89 views 3 months ago. Understand Zimbabwe's hyperinflation crisis 2023. Presented by Shane Manjelo and produced by African Bullion Exchange....
Jun 3, 2022 · Inflation in Zimbabwe has climbed above 100 percent for the first time since last June. It now stands at 131.7 percent. The levels of hyperinflation are hurting the local manufacturing...
- 2 min
- 86.7K
- Al Jazeera English
Oct 10, 2019 · HARARE, Zimbabwe (AP) — When going shopping, the only thing Isaiah Macheku can budget for is shock. Hyperinflation is changing prices so quickly in Zimbabwe that what you see displayed on a supermarket shelf might change by the time you reach the checkout. “It is a nightmare,” Macheku said.
Nov 19, 2017 · In 2009, Zimbabwe was forced to abandon its currency — which had gone up in an inferno of hyperinflation — and to adopt the dollar as its principal means of exchange.
