The troubled Zimbabwean economy is preparing to launch a $200,000 note into general circulation, reflecting a new low in the troubled south African nation. The noted to be issued by the Reserve Bank of Zimbabwe is designed to help tackle inflation, yet at current rates it is only sufficient to buy a 1kg bag of sugar. Inflation [...]

More: Zimbabwe to issue $200,000 note

not long till hyper inflation

Zimbabwean case is quite unfortunate. Central bank can not act on its own and subject to political pressure. Uncontrolled money emissions are ruining economy and as Prof. Hanke proposes it will be better for Zimbabwe to introduce new exchange rate regime, such as currency board.

They already have hyperinflation. Current pre-election campaign is going on and this makes the situation even more complicated...

They are going the other way if you believe what was in the news today!