Rolfe Winkler
Capital Jungle
Zimbabwe’s Hyperinflation: #2 in world history
Steve Hanke and Alex Kwok just published a paper calculating last year’s hyperinflation in Zimbabwe, when “conventional inflation measures were not available.” Their conclusion is that in mid-November, prices were doubling every day. That means Zimbabwe’s hyperinflation ranks second worst in world history.
(Click to enlarge in new window)
Previously I linked to a video describing the dire monetary situation in Zimbabwe. It puts the data above in perspective…
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Saw in Zim situation today the inflation table – 2nd highest inflation was end 2008 in Zim – only Hungary greater (see table in book folder saved) – you left out Argentina in the table table so I looked it up – Argentina’s inflation in July 1994 was at Argentina’s highest at 196%. That makes Zim come third instead of second!!!!!
[...] hat letztes Jahr die zweithöchste Inflationsrate aller Zeiten “erzielt”. Das schreibt Rolfe Winkler in seinem Blog bei Reuters. Errechnet haben das Ganze Steve Hanke und Alex Kwok, die die Ergebnisse in DIESEM [...]
[...] Source [...]
Inflation numbers
[...] al dólar norteamericano. La inflación a partir de 2007 se dispara, según lo publicado en el Blog de Rolfe Winkler en [...]