Saturday, February 17, 2007

Surviving runaway inflation

The cost of absolutely everything in Zimbabwe has gone up. I am a student and my bus to the campus has trebled in price in the last two months. The cost of a meal has increased tenfold.

Most people have had to remove bread, milk, meat and eggs from their daily diets as these things are just too expensive now.

The implications of this rise in inflation are very serious. What it really means is the poor are getting even poorer....

Life is just terrible in Zimbabwe. We are unable to buy the basics any more. Soap, lotions and even cooking oil cost around $20,000 (US$80 officially, US$4 on the black market) now....

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