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Hyperinflation Examples Winter 2011-2

Hyperinflation Examples Winter 2011-2. Dr. Andrew L. H. Parkes Day 17 “A Macroeconomic Understanding for use in Business”. 卜安吉. Yugoslavia Hyperinflation. 1994-5: On January 24, 1994 the government introduced the super Dinar equal to 10 million of the new new Dinars.

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Hyperinflation Examples Winter 2011-2

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  1. Hyperinflation ExamplesWinter 2011-2 Dr. Andrew L. H. Parkes Day 17 “A Macroeconomic Understanding for use in Business” 卜安吉

  2. Yugoslavia Hyperinflation • 1994-5: On January 24, 1994 the government introduced the super Dinar equal to 10 million of the new new Dinars. BECO II, Hyperinflation, Day 17

  3. Zimbabwe Hyperinflation • World-record hyperinflation last officially set at 231 million per cent. Sydney Morning Herald, http://www.smh.com.au/news/world/231000000-inflation-zim-dollar-dumped/2009/01/30/1232818687057.html • February 2, 2009:HARARE (Reuters) - Zimbabwe's central bank revalued its dollar again on Monday, lopping another 12 zeros off its battered currency to try to tame hyperinflation and avert total economic collapse. BECO II, Hyperinflation, Day 17

  4. BECO II, Hyperinflation, Day 17

  5. Zimbabwe Hyperinflation • Reserve Bank of Zimbabwe Governor Gideon Gono announced the new currency moves on Monday • "Gono gave no updated inflation figures but said broad money supply growth rose from 81,000 percent in January to 658 billion percent in December. http://www.reuters.com/article/newsMaps/idUSTRE5112IF20090202 BECO II, Hyperinflation, Day 17

  6. ONE HUNDRED TRILLION!! This recently printed One Hundred Trillion Dollar Zimbabwe note (above) use to buy only 300 America dollars. Now it's totally worthless. BECO II, Hyperinflation, Day 17

  7. 3 Eggs Worth The 100 Billion Dollar Zimbabwe note (below) was said to have bought just three eggs. BECO II, Hyperinflation, Day 17

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