I was looking at this photo essay from Foreign Policy magazine this morning, and one photo struck me in particular. It essentially was someone packing a briefcase full of cash. As I mentioned yesterday , with inflation running at over 100,000 percent, Zimbabwe's rate of inflation is currently the highest in the world. Now, like most I suspect, I'm struggling to get my head around what that means, and its broader implications for people. Using a couple of different online currency convertors, ZWD$1 million fetches roughly: AUS $37 or US $34 or Euro €21. Now this is achieved using flat currency transaction on market rate. In the real world, Zimbabweans would have to take whatever the black marketers are offering. The scantest of research reveals that the best that they might hope for out of that same ZWD $1 million is somewhere between US $3 to US $5. To be totally honest with you, I still can't get my head around it. Surely wages cannot keep up with that sort of inflation....