Inflation in the nation dont bother me

“’cause I’m a scholar with a dollar, you can plainly see…”

— from Quincy Jones’ album, “The Dude”

And if you want to know what hyperinflation looks like, head over here:

By July 1946, the monthly inflation rate had reached 41,900,000,000,000,000 percent, and, unbelievably, the combined value of all Hungarian banknotes equaled one-thousandth of a U.S. dollar.

In desperation the government gave up and introduced a new currency, the forint. In the end you could get 1 new forint by trading in 400,000,000,000,000,000,000,000,000,000 (400 octillion) pengo.

We’re talking Hungary, circa 1946 (H/T) and here is inflationary money in Zimbabwe, circa 2006:

One-hundred Trillion Dollars

Writes Glenn Reynolds: Get ready for inflation!

Huey, Dewery and Louis, with some sound truth about inflation:

Finally, because I know you want it, there is sadly no good video of “The Dude”, but this guy can lay a smooth bassline.

ADDENDUM: Ed Morrissey explains that things are looking worse than we want to think