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Milton J. Madison - An American Refugee Now Living in China, Where Liberty is Ascending

Federalism, Free Markets and the Liberty To Let One's Mind Wander. I Am Very Worried About the Fate of Liberty in the USA, Where Government is Taking people's Lives ____________________________________________________________________________________________ "Extremism in defense of liberty is no vice. Tolerance in the face of tyranny is no virtue." -Barry Goldwater-

Friday, October 03, 2008

Zimbbwe Inflation......

As we see here, Zimbabwe's inflation rate is now 531 billion %. That 531,000,000%. Its unbelievable, they cannot add zeros quick enough to the currency to make it relevant. It would be impossible to transact with the currency since it will lose value every moment. So, as I have heard, transactions are all in US$. The problem is that people outside the big cities don't have access to currency and therefore are unable to buy or sell anything.


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