Zimbabwe is now issuing $100 trillion notes.
Mere billion dollar notes aren't worth bothering with any more.
Inflation was last reported at 231 million percent in July, but the Washington think-tank Cato Institute has estimated it now at 89.7 sextillion percent -- a figure expressed with 21 zeroes.
When Dilbert featured a series on one billion percent per day inflation in Elbonia, I figured that worked out to an increase of 1 1/8 percent per minute.
I guess the 89.7 sextillion percent is annual. A little bit of math shows the per-minute inflation rate is.....
One percent.
We're still not at Elbonian levels.
Surprised?
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