Denounce, renounce.

$95.6 million for a beer, the price of central banking in Zimbabwe

May 15th, 2008 by Mike Gogulski | Posted in economics

From the Independent Institute blog:

Z$1.2 billion dinner check from Zimbabwe
Z$1.2 billion dinner check from Zimbabwe

Ah, good old hyperinflation. Reminds me of a couple of old banknotes I keep lying around for fun:

One hundred million billion pengő, Hungary, 1946
One hundred million billion pengő, Hungary, 1946
One hundred million marks, Germany, 1923
One hundred million marks, Germany, 1923

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  2. Jul 15, 2008: How ya gonna hyperinflate with no fancy paper, Mugabe? | nostate.com

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