Today in the class we were discussing about hyper inflations where the countries cannot control their inflation rate. History tells there are few countries which have experienced this phenomenon and have come out of it successfully.Right now Zimbawae is one which is experiencing the hyper inflation such that the cost of living in the country gets doubled everyday.
Its the country of trillionares!
4 comments:
I've always wanted to visit Zimbabwe bcos the name sounds so intriguing...
Indonesia has come out successfully, right?
Saw Zimbabwe pavilion in world expo and immediate thought crossed my mind was the extreme situation prevailing there!
Cost of living doubled everyday?
@KG
yea Indoesia,Argentina,Bolivia etc Japan and Germany after world war have recovered even stronger!
@priya
vilaivasi anga appadi eerum
with that 100 trillion dollars u can get only two orange ,next day one orange than kidaikum!
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