Zimbabwe’s inflation rate is currently said to be running at somewhere between 2.2 million and 3 million per cent. The country has just printed a 100 billion dollar note with which (at the time of writing) one can hope to buy two loaves of bread. This kind of hyperinflation leading to such ridiculously large denomination bank notes is very nearly as extreme as Germany’s printing of a 100 trillion dollar bank note in 1924. Income tax hovers around 47.5%.
I can only imagine how the people of Zimbabwe can cope with such an interminable situation.