Nov
11

Incredible Inflation

tribblesThe Friday File: The most extreme hyperinflation ever recorded was in 7/46 in Hungary at 41,900,000,000,000,000% or 41.9 quadrillion percent/month, amounting a doubling of prices every 15.3 hours. Most recently the award went to Zimbabwe in 11/08, when inflation peaked at 80 billion percent/month; prices doubled every 25 hours. Now, there’s Venezuela. While the government publishes no inflation data, it’s estimated to be 21%/month with prices doubling every 3.5 months.

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