HARARE, Zimbabwe — When going shopping, the only thing Isaiah Macheku can budget for is shock. Hyperinflation is changing prices so quickly in Zimbabwe that what you see displayed on a supermarket ...
HARARE, Zimbabwe (AP) — Zimbabwe has launched gold coins to be sold to the public in a bid to tame runaway inflation that has further eroded the country’s unstable currency. The unprecedented move was ...
HARARE (Reuters) - Less than a decade after hyperinflation obliterated Zimbabwe’s dollar along with its pensions and savings, the southern African nation is suffering a return to precipitous price ...
Ever since independence more than 40 years ago, Zimbabwe has been wracked with socialism, inflation, and corrupt political ...
Zimbabwe will begin to sell gold coins, dubbed "Mosi-oa-tunya" coins, to rein in sky-high inflation. Zimbabwe's inflation rate hit 192% last month, and its currency has depreciated by more than ...
It should come as no surprise that the country with the single worst track-record for hyperinflation since World War II—Zimbabwe, whose local currency depreciated at a rate of 79,600,000,000% a month ...
The development of paper money is key to understanding hyperinflation throughout history Kate Steir When my friend Trish got her first paycheck from her part-time job in high school, it was for ...
Professor Liping He from Beijing Normal University has produced a most comprehensive and useful scholarly treatment of world hyperinflation. It is hot off the press. This is a welcomed addition to the ...
We know from the past year that quite a few people inhabit alternate realities that float above the factual landscape like giant, impervious, untethered balloons. One unmoored balloon that’s reached ...
HARARE, ZimbabweHARARE, Zimbabwe — When going shopping, the only thing Isaiah Macheku can budget for is shock. Hyperinflation is changing prices so quickly in Zimbabwe that what you see displayed on a ...