Wednesday, May 11, 2011

Extreme Hyperinflation

Zimbabwe must hold the record.  See this story in today's edition of The Wall Street Journal.  (And it only has that value as a "collector's item.")
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2 comments:

  1. MayfieldMay 13, 2011 at 5:11 PM

    Worst hyperinflation

    1. Hungary 1946
    Highest monthly inflation: 13,600,000,000,000,000%
    Prices doubled every: 15.6 hours

    2. Zimbabwe, Nov. 2008
    Highest monthly inflation: 79,600,000,000%
    Prices doubled every: 24.7 hours

    source:
    http://www.cnbc.com/id/41532451?slide=10

    ReplyDelete
  2. Tim SchillingMay 13, 2011 at 5:16 PM

    Thanks for providing the information. Zimbabwe is #2. (To borrow from the old Avis commercials, they must try harder.)

    ReplyDelete