Not to put too fine a point on it
We appreciate the accuracy: Mugabenomics drives inflation rate to 14,840.6 percent.
Labels: inflation
posted by John B. Chilton at 11/18/2007 03:03:00 PM
Sunday, November 18, 2007
About Me
- Name: John B. Chilton
- Location: Orkney Springs, Virginia, United States
2 Comments:
Agreed. However, think of economics papers where the data came in at two significant digits, and the author reports regression results, including F-stats, Chi-squares, coefficients, etc., to five or six significant digits.
Mugabe is bad, but these days, many central bankers have begun to take an easy view of inflation. In the US, October 12 month inflation stands at 3.5 percent, the UK RPI is at 4.2 percent, while in the eurozone, the ECD recently added 0.5 percent to their HCPI. Meanwhile, China has an inflation rate of 6.5 percent.
inflationbuster
http://inflationwatch.blogspot.com
Inflation is on the rise everywhere
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