Monday, July 14, 2008

Defining Hyperinflation

Thanks to the shameless tyrant Mugabe and the craven leaders of the African Union, every Zimbabwean lives the fact of hyperinflation. However, professors of economics and business may find this definition of some use in introducing students who cannot contemplate that phenomenon. A pithy statement on political economy.

"What kind of leader will preside over a country where the weight of the money required for a loaf of bread is heavier than the loaf itself?" Azubikwe Ishiekwene

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