Zimbabwe's Play Money Finally Gets the Axe

A tale of monetary mismanagement and billion-dollar bills.

We'll need bigger wallets.

Photographer: Desmond Kwande/AFP/Getty Images

On Monday, Zimbabwe will start retiring its national currency: It will be exchanged at a rate of 35 trillion Zimbawean dollars per $1 U.S. Hyperinflation is probably the first word to come to mind,  yet Zimbabwe is actually in deflation, and it's not clear what new experiment it will be subjected to after the wildest monetary ride of any country this century.

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