The Argentine Warning to the U.S.
February 11, 2009 at 7:14 pm | Posted in Uncategorized | Comments Off on The Argentine Warning to the U.S.Tags: Argentina, economic meltdown, economy, inflation, US
The Argentine Warning to the U.S.: “When honest money perishes, the society goes with it. We can’t say we weren’t warned.”
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No More Zimbabwe Dollar
January 30, 2009 at 10:19 pm | Posted in Uncategorized | Comments Off on No More Zimbabwe DollarTags: Africa, economy, inflation, money, Zimbabwe
No More Zimbabwe Dollar: “Zimbabweans will be allowed to conduct business in other currencies, alongside the Zimbabwe dollar, in an effort to stem the country’s runaway inflation.”
Real Inflation Rate Was 20%
December 11, 2008 at 2:14 pm | Posted in Uncategorized | Comments Off on Real Inflation Rate Was 20%Tags: economy, financial, inflation
Hurtling towards financial oblivion: “The real inflation rate for families – who ate food, drove cars, heated their homes and used medical services – was about 20%.”
20%?! And I wager that income only rose a measly percentage in comparison.
$200 MILLION DOLLAR NOTES IN ZIMBABWE
December 6, 2008 at 9:06 pm | Posted in Uncategorized | Comments Off on $200 MILLION DOLLAR NOTES IN ZIMBABWETags: economy, hyperinflation, inflation, Zimbabwe
$200 MILLION DOLLAR NOTES IN ZIMBABWE: I wonder what you can buy for one of these?
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