Saturday, May 16, 2009

No Hyper-Inflation Record for Zimbabwe

Zimbabwe's inflation rate reached 489 billion percent in September 2008. Sounds dramatic, but nowhere near record breaking. WSJ reports:

... between October 1993 and January 1995, Yugoslavia, which then consisted of Serbia and Montenegro, suffered through a hyperinflation of five quadrillion percent. (That’s 5 followed by 15 zeroes.) Hungary’s inflation in 1945 and 1946 may have hit four quintillion percent ...

No comments:

Post a Comment

Post a Comment