https://www.forbes.com/sites/s...decade/#1c5779393eed

In 2008, Zimbabwe suffered the second most severe episode of hyperinflation in recorded history. Zimbabwe’s annual inflation rate peaked in November 2008, reaching 89.7 sextillion (10^23) percent. Well, Zimbabwe is experiencing hyperinflation again today. Zimbabwe’s annual inflation rate is currently at 348%. Zimbabwe has officially experienced the 58th verified episode of hyperinflation on record. This episode has been added to the Hanke-Krus World Hyperinflation Table, which first appeared in the authoritative Routledge Handbook of Major Events in Economic History (2013).

Just how do we know that Zimbabwe’s inflation rate has skyrocketed? We know this by employing the same theory and method of measurement that was used to calculate Zimbabwe’s 2007-2008 hyperinflation episode [Hanke-Kwok]. Using the implied exchange rate (the OMIR), we are once again able to apply Purchasing Power Parity (PPP) to calculate an accurate measurement of Zimbabwe’s inflation rate.

After doing so, we find that Zimbabwe is experiencing hyperinflation for the second time in less than ten years. Hyperinflation occurs when the monthly inflation rate reaches 50% per month and remains above that rate for at least 30 consecutive days. This initial threshold was breached on September 14, 2017, and has remained above this rate since then. Thus, Zimbabwe is in the throes of an ignominious hyperinflation, in which the monthly rate of inflation is 77% and the annual rate is 348%, as of October 25, 2017.

I think this only relevant for the new Zim bank notes that the government forces citizens to have. If you deal in Rand, Euros, Pounds and the US dollar as many PHs and Safari companies due then they are doing alright and maybe even making some money on the spreads. All illegal or course, but absolutely essential to survive.

So to explain it to the ignorant among us, is there is the official government monetary system in spiraling hyperinflation and then a real every day persons system where everyone operates?