In Zimbabwe, the newest note issued by the Central Bank earlier this week now comes in the form of $200,000. Now the largest bill in Zimbabwe’s currency, the note is worth a little more than $1 US dollar, and will buy you a quart of gasoline or a two-pound bag of sugar.
While inflation screams upward, the IMF issued a warning citing inflation could reach 100,000% by the end of 2007.
Via NYTimes.com World Briefing. Post title a quote borrowed from Snatch.
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