Introducing Zimbabwe’s New $50 Bill – What’s it Worth?

The African nation of Zimbabwe has consistently flirted with hyperinflation through the years, with this term referring to instances where monetary inflation rises above 50%. Most famously, 2008 saw Zimbabwe suffer the second most severe episode of hyperinflation since records began, as the country’s annual inflation rate reached 89.7 sextillion (10^21) percent.  A similar (albeit […]

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