Inflation Watch:
In 2008, shortly before the currency was effectively abandoned, the inflation rate in Zimbabwe hit a ludicrous inconceivable 897,000,000,000,000,000,000,000 percent per year. (An 89 sextillion percent inflation rate!) So now instead of Zim dollars for practical currency, they are using the South African Rand, the Botswana Pula, the British Pound Sterling and the United States Dollar for most transactions. It will be ironic, if and when the US Dollar begins to inflate. Like us, Zimbabweans may soon feel “stuck”, holding withering US Dollars. OBTW, some bad news from Zimbabwe, that came to us by way of Cathy Buckle’s blog: “Enter …