Zimbabwe Inflation Reaches 231 Million Percent

Zimbabwe Inflation Reaches 231 Million Percent

voanews.com

Officials in Zimbabwe report the nation's annual inflation rate rose to a record 231 million percent in July as efforts to create a unity government remain deadlocked.......

Zimbabwe has been without an official government for months following disputed presidential elections. MDC leader Morgan Tsvangirai won the most votes in the first round in March, but pulled out of the June runoff because of alleged state-sponsored violence against his supporters.

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I cannot even understand this at all. Trying to grasp what 231 million percent in inflation even means is boggling. How can a populace even function under this kind of inflation? I guess that means everyone in Zimbabwe are millionaires, but a candy bar costs 500 million?

Who will own Zimbabwe after this mess? China? USA? GB?


WOW

voanews.com
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