Zimbabwe Hyperinflates Again

In 2008, Zimbabwe suffered the second most severe episode of hyperinflation in recorded history. In November 2008, the country’s annual inflation rate peaked at 89.7 sextillion percent, with prices doubling every 24.7 hours. Troubled currencies expert Prof Steve Hanke reports that Zimbabwe is once again experiencing hyperinflation, with the annual inflation rate currently at 313 percent. Read More