Hyperinflation in Zimbabwe

In January of 2009 I traveled to Africa and we took a side trip to Victoria Falls in Zimbabwe.  I snapped the attached photo at the entry to the falls.  Notice how the price of entry in Zimbabwe Dollars is written in chalk.  This was so that they could change the price throughout the day as the ZW Dollar lost value.

via Greg Mankiw’s Blog

Posted: 2011-01-08 16:46:06

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