3 May 2006

How Bad Is Inflation in Zimbabwe?

How Bad Is Inflation in Zimbabwe? - New York Times: "HARARE, Zimbabwe, April 25 — How bad is inflation in Zimbabwe? Well, consider this: at a supermarket near the center of this tatterdemalion capital, toilet paper costs $417.
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Vanessa Vick for The New York Times
Ayina Musoni, 58, has taken in lodgers to help with expenses, but she can barely afford food for her family.
No, not per roll. Four hundred seventeen Zimbabwean dollars is the value of a single two-ply sheet. A roll costs $145,750 — in American currency, about 69 cents."

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