Macroeconomics Fall 2012 Hyperinflation Examples

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Macroeconomics Fall 2012 Hyperinflation Examples Dr. Andrew L. H. Parkes “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. December 12, 2012 Macroeconomics, Hyperinflation, Day 15

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. December 12, 2012 Macroeconomics, Hyperinflation, Day 15

Macroeconomics, Hyperinflation, Day 15 December 12, 2012 Macroeconomics, Hyperinflation, Day 15

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 December 12, 2012 Macroeconomics, Hyperinflation, Day 15

Macroeconomics, Hyperinflation, Day 15 3 Eggs Worth The 100 Billion Dollar Zimbabwe note (below) was said to have bought just three eggs. December 12, 2012 Macroeconomics, Hyperinflation, Day 15

Macroeconomics, Hyperinflation, Day 15 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. December 12, 2012 Macroeconomics, Hyperinflation, Day 15