The clock is ticking
Elections were Saturday. The results have yet to come in, and we’re all wondering if this is the calm before the storm.
Elections were Saturday. The results have yet to come in, and we’re all wondering if this is the calm before the storm.
Only a month after issuing the $750,000 note, Zimbabwe is upping the stakes with million dollar notes. The BBC reports that inflation is now 50,000%.
The NY Times reports:
The government of President Robert G. Mugabe, battered by hyperinflation, said it would begin issuing new currency beginning Friday: $1 million, $5 million and $10 million notes. The [...]