Zimbabwe inflation hits 11,200,000 percent - CNN.com
When I read this article, I can't do anything but shake my head at the ridiculous lack of understanding of basic economic principles. The government of Zimbabwe blames things like bio-fuel for an inflation rate of 11.2million%. Then it says it's instituting price controls to combat inflation. Then CNN blames the agricultural crisis for the inflation.
I'm sure the fact that Zimbabwe is printing $100,000,000,000 notes has nothing to do with it. The most frustrating part about this is that most people that read the article won't even question CNN's or Zimbabwe's conclusions. They'll actually believe that food, alone, can cause hyperinflation on that scale.