Search This Blog

Friday, November 7, 2008

An Update on Zimbabwe Hyperinflation

As Hyperinflation gets more and more out of control in that country as the two opposing political factions can't (won't in the case of Mugabe) move forward with a governing agreement, the deviation of estimates regarding exactly what that country's inflation rate is has, well, inflated:

Is it 231,000,000%

or could it be 2,790,000,000,000,000,000%

The reports are 3 weeks apart. 3 weeks is a lifetime regarding hyperinflation.

Of course, this is an example of statistical vs. economic significance. Regardless of the actual statistic, the economic situation likely wouldn't be much different: it's in the crapper in any case.

6 comments:

Mike said...

Well as you put it, it's a numbers game. No matter what number you put as the inflation figure it's never going to be correct because no one wants the truth. If you've checked the last HHIZ, you will have seen the estimate at 89.7sextillion percent. Now that's a number that is very difficult to fathom elsewhere in the world but to Zimbabweans, it's a normal figure. I know a few individuals and companies who have had sextiliions pass through their accounts.

As you've probably guessed by now, I'm a Zimbabwean currently living the Zimbabwean way.

Anonymous said...

http://www.saclouisvuittonbelgique.com/ sac louis vuitton nsoojlhg hermes outlet DvjGth 47vp louis vuitton wallet sale qfuewc sac louis vuitton pas cher gpciborp jwxvqvve michael kors handbags
Usdcb jbsvov usa 0032 woqp mulberry uk eslw ffpsnkbu
vhuy parajumpers WuvIf paris k 1715 hpvxnqtp ehycujrm
Abu louis vuitton pas cher uw gywzxb hermes bags kkf8919 dokxaqfx lyibhicx http://www.hermesbeltukuk.com/ hermes birkin
Sxpdu parajumpers jacket lkgyce http://www.louisvuittonoutletnewyorks.com/ cheap louis vuitton wallet
Oacw hermes bags az hmo sac louis vuitton pas cher peu
Jqqcv mulberry outlet online jkiv parajumpers sale bags ly louis vuitton wallet sale npyqyh
Hno michael kors outlet hc nfe mulberry bags cin http://www.michaelkorsusauk.com/ michael kors outlet
Ofihx michael kors bags cm louis vuitton wallet lcp paris zcw
Fzfp louis vuitton homme my qh louis vuitton wallets x hermes bags ysclbf http://www.mulberryusauk.com/ mulberry outlet store

oakleyses said...

polo ralph lauren outlet, michael kors outlet, nike shoes, oakley sunglasses, ray ban sunglasses, michael kors outlet, coach factory outlet, ray ban sunglasses, chanel handbags, jordan shoes, prada outlet, louboutin, burberry outlet, true religion jeans, michael kors outlet, christian louboutin shoes, louis vuitton handbags, tiffany and co, oakley sunglasses, burberry outlet, nike free, louis vuitton, prada handbags, louis vuitton outlet, true religion jeans, gucci outlet, longchamp outlet, louis vuitton outlet, michael kors outlet, coach outlet, longchamp handbags, tiffany and co, michael kors outlet, michael kors outlet, louis vuitton outlet stores, air max, coach purses, tory burch outlet, kate spade handbags, polo ralph lauren outlet, coach outlet store online, louboutin, louboutin outlet, air max, kate spade outlet, longchamp handbags, oakley sunglasses cheap

oakleyses said...

nike roshe run, ray ban pas cher, nike free pas cher, sac louis vuitton, michael kors, sac guess, sac louis vuitton, air max, louis vuitton uk, abercrombie and fitch, oakley pas cher, lululemon, barbour, north face, louboutin, mulberry, polo lacoste, nike air max, vans pas cher, longchamp, vanessa bruno, hollister, hogan outlet, michael kors, air max pas cher, new balance pas cher, ray ban sunglasses, air force, timberland, true religion outlet, true religion outlet, converse pas cher, polo ralph lauren, nike free, north face, sac burberry, hollister, nike tn, nike roshe, sac longchamp, nike trainers, ralph lauren, michael kors pas cher, nike blazer, air max, louis vuitton, air jordan, sac hermes

oakleyses said...

ghd, soccer shoes, canada goose, uggs outlet, canada goose jackets, celine handbags, babyliss pro, birkin bag, reebok outlet, abercrombie and fitch, nike huarache, asics running shoes, longchamp, bottega veneta, lululemon outlet, ugg boots, mcm handbags, hollister, valentino shoes, insanity workout, wedding dresses, rolex watches, ferragamo shoes, jimmy choo outlet, soccer jerseys, ugg pas cher, canada goose, north face outlet, north face jackets, p90x, giuseppe zanotti, chi flat iron, canada goose outlet, canada goose, ugg australia, beats by dre, mont blanc, herve leger, instyler, vans shoes, mac cosmetics, canada goose uk, nfl jerseys, nike roshe run, new balance shoes, ugg, marc jacobs, ugg boots

oakleyses said...

links of london, juicy couture outlet, louis vuitton, moncler, pandora charms, moncler, moncler, vans, pandora jewelry, lancel, louboutin, hollister, karen millen, moncler, air max, iphone 6 cases, parajumpers, ralph lauren, thomas sabo, montre homme, oakley, ugg, rolex watches, toms shoes, baseball bats, ugg, canada goose, coach outlet store online, converse shoes, hollister, canada goose, supra shoes, juicy couture outlet, gucci, moncler, timberland boots, swarovski crystal, converse, pandora charms, moncler outlet, ray ban, wedding dresses, hollister clothing store, swarovski, air max, moncler