A Hamburger? That'll be 15 Million Zimbabwe Dollars, Please!

If you think your money doesn't go as far as it used to, be thankful that you're not in Zimbabwe. There, the country's central bank has issued a new 10 million Zimbabwe dollar note. The problem is, that's not enough to buy even a hamburger!

The new 10 million note is the equivalent of about £2 at the dominant black market exchange rate. A hamburger at an ordinary cafe costs about 15 million Zimbabwe dollars (£3).

That hamburger has trebled in price this month amid shortages of bread, meat and most basic goods.

Zimbabwe faces the world's highest official inflation of an estimated 25,000 per cent. Independent financial institutions say real inflation is closer to 150,000 per cent.


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Hey, Zimbabwe is just learning that food gets to be in short supply (= expensive) when you take all the land away from the efficient large farmers and disperse it to a myriad of inexperienced people running tiny farms. The food gets expensive first and everything else follows. Mugabe needs an economics advisor who took a class in teh subject.
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