Tuesday, September 22, 2009

Harare Hustle

Steve Hanke, one of my former economics professors, did some recent research on Zimbabwe (pdf here). He says it was the second highest inflation in world history. What do you think the highest was? The answer is in Table 2 (and check out the "time required for prices to double" in that table).

By the way, if you don't know what Zimbabwe's stock market did while the printing presses were running, take a look. Scroll down for the chart.


Anonymous goldhorder said...

Don't worry...the congress will save us. LOL


9/23/2009 2:18 AM  
Anonymous Kilfarsnar said...

Goldhorder, once again, thank you for pointing out an informative article.

9/23/2009 3:18 PM  
Anonymous Viagra Online said...

since the word economic was stablish the word inflation born, with this the other word born, taxes, all of this is the same that we know today as economic system.

12/23/2010 9:13 AM  
Anonymous online pharmacy said...

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5/19/2011 4:10 PM  

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