Yes.... that is a 100,000,000,000,000 Zimbabwe dollar note! The product of extreme hyperinflation in Zimbabwe in the first decade of the 21st century. You can read about it here. By November 2008 the monthly rate of inflation was a massive 79,600,000,000%!!!
Hungary has actually suffered a higher rate of inflation than that.... in July 1946 the rate of inflation was 41.9 quadrillion percent! (41,900,000,000,000,000%) See here for more details. Current inflation details for Hungary can be found here. This is a great infographic detailing these two cases and three others: https://commodity.com/blog/hyperinflation/ The US Inflation calculator can be found here... how much would it cost you in 2014 to buy something that was priced at $20 in the year you were born and what is the cumulative inflation rate? Venezuela is currently experiencing high levels of inflation http://www.bbc.com/capital/gallery/20180918-the-people-making-bags-out-of-worthless-money You will receive a packet to achieve the objectives above (those learning from home please see Google Classroom. What's your rate of inflation? (NYTimes)
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