CapeTalk and BBC reported this am that Zimbabwe's inflation has hit 165,000%, and I was wondering what this would mean if I was suddenly put into a financial environment suffering with that kind of burden! Taking a loaf of bread as an example, say it cost R7.00 then what would it cost next year, next month, next week, next quarter, tomorrow? {Assuming a linear inflation rate increase!}
Click here: for my Inflation Calculator and see how other prices will increase...
See here for another view on inflation calculations: Zimbabaloola in Zimbabwe
I don't think the new ZW$10 million will help nor last long! {see BBC for a photo of a handful of ZW$s}
I have created an inflation calculator to see the figures on paper! And yes, it's very, very, very scary!
Now | Tomorrow | Next week | Next month | Next quarter | Next year |
7 | 39 | 221 | 970 | 3,857 | 11,557 |
Click here: for my Inflation Calculator and see how other prices will increase...
See here for another view on inflation calculations: Zimbabaloola in Zimbabwe
I don't think the new ZW$10 million will help nor last long! {see BBC for a photo of a handful of ZW$s}
No comments:
Post a Comment