by Sriram Vadlamani
Nobody really knows what has happened at Satyam. No one will ever know unless Mr. Raju writes an autobiography. Ever since the whole thing broke out there are numerous reports about what has happened and what will happen at Satyam. Some even went on to capitalize on this madness by offering a inside-out report for [...]
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by Arun Prabhudesai
Are we going nuts over India’s inflation touching 11.5%?
Think about a country where the inflation is 2.2 million percent. Yes, that’s right Zimbabwe’s inflation has risen from 165,000% in February to whooping 2.2 million. Can you imagine that.
The prices of goods double or even triple in a day !
Now here is another surprise.. Central bank has introduced a note that reads $100,000,000,000 ($ 100 billion) to cope up with cash shortages in the country.
I do not have picture of 100 billion dollar note, but here is how $ 500 million note looks like.
You know the actual value of that note ?
One 500 million dollar Zimbabwe note is worth mere 2 US dollars :)
[source]
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