Imagine what it would be like if:
- You went to a store to buy something and found that the price had more than doubled in a single day. And in the next few hours you spend at the bank to withdraw more money, the price continued to double or even triple! [click link to read story]
- Banks limited daily cash withdrawals to an amount which is less than the cost of a loaf of bread!
- Something that costs Rs. 100 today cost over Rs. 6,00,000 tomorrow! Because the inflation rate is 231 million percent!!!
We talk about one rupee coins, ten rupee notes, even hundred rupee notes losing value as years go by. In Zimbabwe, million dollar rupee notes lose value as days go by! Suddenly, I'm happy being in a 12% inflation country!