Zimbabwe's state data agency on Wednesday postponed "indefinitely" the release of March inflation figures, which were expected to show prices in the shattered economy spiralling to another record high.

Ostrich (head-in-the-sand) policy: Postponing the release of inflation figures indefinitely, will make the evil of inflation disappear for ever! It's so simple! picked by rambler 1 year ago

The head of the UN World Food Programme has warned that the rise in basic food costs could continue until 2010. It blamed soaring energy and grain prices, the effects of climate change and demand for biofuels. picked by mahler87 5 months ago

The official inflation rate in Zimbabwe is running at 2,200,000%. In response to what this means to the prices of standard goods on shelves the Zimbabwean Treasury has announced they will be printing a one billion dollar bill.

This would probably buy two loaves of bread. picked by pocksucket 4 days ago

U.S. going through the worst bout of soaring grocery prices since 1990. The forces behind the rise in food prices -- China's economic boom, a growing biofuels industry and a weak U.S. dollar. picked by DemureArt 10 months ago

The dollar has been devalued to such an extent that a penny — as in one hundredth of a dollar — can only buy a fraction of the metal needed to make a physical penny. Each coin takes significantly more than one cent to produce. picked by murrayrothbard 1 month ago

For two lattes a day, five days a week, 52 weeks a year, that's an extra 26 bucks a year out of my pocket. Time to ask the boss for a raise. picked by Wingnut 2 years ago

In honor of FAF, I thought we could have a little fun with our birthdays. What was going on or around the day of your birth. The average yearly income when I was born was $11,000! Bread was .24 cents a loaf, and a stamp was .06 cents! picked by eljay 6 months ago

Think the US Dollar is weak?
How about the Korean "won?"
Officially you'll need 141 of them to purchase a Coke.
(2,500 on the black market) picked by Bandit 1 year ago

Apparently oil isn't the only thing going up in price. a 50lb bag of flour has shot up from $16 to $37. picked by gammerus 4 months ago

picked by gratheo 5 months ago

Though quadruple the levels of 2002, the price of oil when adjusted for inflation is below the $90-a-barrel peaks of the Iranian Revolution in 1979 and the start of the Iran-Iraq War the following year. picked by DrNothing 10 months ago

With $50 and a plane ticket to Haiti, one can buy a slave. There are more slaves on the planet today than at any time in human history. Adjusting for inflation, in 1850 a slave would cost roughly $30k to $40k. Today you can go to Haiti and buy a 9-year-old girl to use as a sexual and domestic slave for $50. picked by 2manyusernames 4 months ago

Inflation concerns overshadow solid earnings reports; Dow hopes for 12,000 fade fast. picked by robfouryqr 2 years ago

Graphs of the US minimum wage from 1938 to the present. If you take inflation into account, it's been falling pretty steadily since 1968. But also note that number of people directly affected by the minimum wage has declined as well to just over 2% of workers. picked by 2manyusernames 1 year ago