Runaway Inflation


Feeling low and not so rich in times of slowdown in India?

What I’d recommend for you to do is make a trip to Zimbabwe where at least you can be a multi-millionaire if not billionaire. So say the Freakonomics-wala economist:

But Dombrow’s friend doesn’t have to be rich to pay one and a quarter billion Zimbabwe dollars (ZWD) for two beers, a mineral water, and one dinner.

Thanks to inflation, it comes out to just $2.70 in U.S. dollars

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About Gautam

Gautam is a HR professional interested in how emerging technologies are impacting work, careers and organizations.

Posted on January 15, 2009, in thought provoking and tagged , , . Bookmark the permalink. Comments Off on Runaway Inflation.

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