Inflation in Zimbabwe
May 24, 2008 – 2:21 pm by JohnMaybe you’re familiar with Zimbabwe’s brutal racist dictatorship commanded by Robert Mugabe, its runaway inflation, its millions of starved and murdered people, and its hotly contested recent elections. Well, at least there’s some humor to be had in all this, at least from our perspective as comfortable Westerners. One Ian Brakspear writes of a lunch he had recently in Mutare, Zimbabwe:
During the meal, one of my mates was drinking beer — 750ml bottles of Castle Lager (fondly called bombers). He ordered a fifth one, was advised that the price, which when he ordered his first, second, third and fourth ones was 160 million per bottle, had gone up to 340 million per bottle.
That’s right — during lunch there was a price increase…
Hat tip: Nicholas Carr.
One Response to “Inflation in Zimbabwe”
And to think it was only Z$95.6 million back on March 23rd: http://www.nostate.com/43/956-million-for-a-beer-the-price-of-central-banking-in-zimbabwe/
By Mike on May 24, 2008