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Tuesday, February 19, 2008. ZIMBABWES INFLATIONARY ENVIRONMENT. Zimbabwes chart topping inflation reportedly at 24,000 qualifies the nation as experiencing hyper inflation. Compare that to the next highest inflation of 40 in Burma. The main cause of hyperinflation is a massive and rapid increase in the amount of money estimated at 17,000, which is not supported by growth in the output of goods and services. This results in an imbalance between the supply and demand. The enactment of legal tender.CONTENT
This web page gilbertmuponda.blogspot.com states the following, "Tuesday, February 19, 2008." We saw that the webpage said " Zimbabwes chart topping inflation reportedly at 24,000 qualifies the nation as experiencing hyper inflation." It also said " Compare that to the next highest inflation of 40 in Burma. The main cause of hyperinflation is a massive and rapid increase in the amount of money estimated at 17,000, which is not supported by growth in the output of goods and services. This results in an imbalance between the supply and demand. The enactment of legal tender."