-Zimbabwe-

Just saw this on BBC news today.... Quite incredible that $200,000 still won't buy you much. Considering that Ryan's first guitar was $24,000 back in 2000. And a family friend sold their lovely big house set in 3 acres for $3 million! hmmmm...

Zimbabwe inflation hits new high

Zimbabwe's annual rate of inflation jumped to 7,638% in July according to the first official figures to be published for three months.

It is the first time that the Central Statistical Office (CSO) has released official inflation rate figures since May, when it stood at 3,714%.

The Zimbabwean government has called inflation its number one enemy.

Last week, the International Monetary Fund warned annual inflation could reach 100,000% by the end of the year.

The Consumer Council of Zimbabwe has said the real year-on-year inflation is far higher than the official rate - 13,000% in June.