ST Alpha - "What does that mean, in real terms?" (Reading a Post)

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In response to "Things could be worse I suppose. Zimbabwe's inflation rate is now, by one estimate, 89.7 sextillion percent" by Brian

What does that mean, in real terms?

Posted by Subversive Nov 20 '08, 10:00

A loaf of bread cost $1 last month, costs $1.50 this month, and will cost $2.25 next month? And so on... is that right?

Responses:

it means your $1 loaf of bread would cost $796 million next month, I think. -- nm - mafic Nov 20, 10:09
According to this guy, it means prices double about every 5 1/4 days - Brian Nov 20, 10:06
With the 50%, yes. Now you need a truck full of money or a handful of Huge bills which are worthless the next day. -- nm - VMan Nov 20, 10:03

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