Thursday, February 21, 2008
There Should Be Some Kind of Award for This…
Not every country could hit 100,000% inflation and still claim to be “functional"--although that term might be overstating things a tad.
Zimbabwe’s soaring inflation hit an annual rate of 100,000% in January, new official figures show.
Ongoing shortages of food and fuel helped drive inflation from December’s rate of 66,212%.
So, congratulations to Mugabe for breaking new ground; sympathy to the citizens for having to live under such a nincompoop.
Someday, when Mugabe is gone and someone is trying to pick up the pieces that are left, Mugabe’s defenders and apologists will be able to look on all this and laugh. Mostly because they were probably taking payoffs the entire way through and fat stacks of $10 million (Zim) notes still look impressive. “Ha ha ha, that Mugabe, he was always such an overachiever.”
I’m trying to put together the financing to do a trip to Mozambique next year--an actual journalistic endeavor of sorts--and was hoping to hop the border to get a look at Zimbabwe, too. I wonder how possible that will be this time next year?