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Dear Zimbabwe | Mises Institute

Zimbabwe’s hyperinflation problems are the stuff of economic legend. No matter how bad our inflation problem gets here, one can bet theirs will be a lot worse. Just last week, CNBC had a headline still beyond comprehension for most Americans: Zimbabwe hikes key interest rate to 200% from 80% amid runaway inflation To clarify, it does not say 200 basis points (i.e., 2%), rather ....

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