Michael H Goldhaber on Thu, 17 Jul 2008 07:03:31 +0200 (CEST)

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Re: <nettime> Now this is inflation...

This is still not impressive compared with the Hungarian  hyperinflation of
the late 1940's. which reached a ration of 10 to the  29th power.  See


As to running out of paper, old bills can either be redefined, as happened
in Serbia, or overprinted.  Not that this si much consolation for average



On Jul 15, 2008, at 9:05 AM, Patrice Riemens wrote:

>> From The Zimbabwean, July 14, 2008
> Banknote paper shortage spells trouble
> (pic.)
> [1] A man shows a new Zimbabwean note in May. It was replaced by
> 25-billion and 50-billion-dollar bills (worth a U.S. dollar). With
> printing slowed, a shortage has arisen.
> see orig at: http://www.thezimbabwetimes.com/?p=895 for pic.
> pics of 25bn and 50 bn Zim$ notes at:
> http://www.tomgpalmer.com/archives/042582.php#comments

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