Mises Wire

Chopping 3 Zeros when inflation exceeds 1000%

Chopping 3 Zeros when inflation exceeds 1000%
Here is a remarkable story of Zimbabwean monetary reform. "The only positive thing about Gono's statement is that it will now be easier to carry money around, instead of lugging it around in suitcases," said Johnson Moyo, a shop assistant at a retail store.
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