Sunday, January 25, 2009

Zimbabwe Ben Update

The monetary base (MB) was $1,686,386 million on 31 December 2008, and $843,841 million on 10 September 2008, a 99.85% increase in 16 weeks, which compounds to an 850% annual rate. I say again, what are the deflationistas talking about?

2 comments:

Anonymous said...

Get out your wheelbarrows...

Anonymous said...

IA

How about adding some zeros?