One caveat, these countries must not exist, if you hold to a Paul Krugman view of the world. He recently wrote:
The real track record of fiat currencies is that most of them are run responsibly except in the aftermath of political chaos. If you look at the actual facts, you discover that episodes of high inflation have become quite rare[...]
Country
|
2012 Inflation Rate
|
---|---|
Belarus
|
59.2%
|
Sudan
|
37.4%
|
Syria
|
36.7%
|
Iran
|
27.3%
|
Ethiopia
|
22.8%
|
Malawi
|
21.3%
|
Venezuela
|
21.1%
|
Burundi
|
18%
|
Yemen
|
17.3%
|
Tanzania
|
16%
|
(Via the Motley Fool)
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