Zimbabwe's Inflation Results in Trillion Dollar House, Billion $ Bed

Zimbabwe's trillion dollar house, billion dollar bed

11 Dec 2007

A trillion dollar house, billion dollar bed and a million dollar beer. That and a severe cash squeeze are the latest sign of runaway inflation that has vexed consumers in President Robert Mugabe's Zimbabwe. A four-bedroom house with a pool and tennis court in Harare's leafy Glen Lorne suburb sells for about ZW$1 trillion, a whopping $33 million at the official bank rate but only $667,000 on a widely used black market.

Prices of household furniture, groceries and food and rentals have more than doubled in the past month...

Interesting article @ Reuters