Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: JBTFD who wrote (79340)	5/21/2008 5:07:50 PM
From: calgarydude	Read Replies (1) of 116555

Doesn't beat the almighty Pengo. "The Hungarian economy could only be stabilized by the introduction of a new currency, and so, on 1 August 1946, the forint was introduced at a rate of 400 000 000 000 000 000 000 000 000 000 or 4×1029 (short scale: four hundred octillion; long scale: four hundred quadrilliard) pengo. The adópengo was replaced at a rate of two hundred million to the forint (hence the 2×1021 ratio, mentioned above). The exchange rate for the US dollar was set at 11.74 forints." en.wikipedia.org I think that this is the current world record for inflation. Ben still has a lot of work to do if he wants to beat the record.

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