A $100 Trillion Dollar Bill
by Admin on Mar.22, 2019, under Uncategorized
No one would ever need that, right?! Wrong. Zimbabwe let inflation get so out of control circa 2008 (231 million percent per year inflation) that they chose to print more and more money instead of dealing with the underlying cause. That meant higher and higher denominations in order to avoid literally covering the country in paper money.
That’s not the record, though. Inflation in Hungary peaked at a staggering figure of 13.6 quadrillion % per month in 1946! That’s 13,600,000,000,000,000%. The largest denomination bill was a 100 Quintillion note. Prices ended up doubling every 15 hours at the time.
