In Malaysia, perhaps I can buy 10 unit of big bungalow around KL city that come with swimming pool costs $7 millions and 10 unit of Ferrari Enzo costs $3 millions. The inflation rate in Malaysia is about 7-10% this year. Fair enough due to the serious hike of the fuel price, but I think Malaysians always can fight it better.
Salary is getting virtually smaller and smaller nowadays, thanks to inflation.
For normal residents like us, owning $10 billions are just a dream, until our grand's grandson can benefit from the amount.
It is 360 degrees different when you are living in Zimbabwe. I was quite upset when I heard bread costs $10 millions in Zimbabwe. Yes, $19 millions just for a bread, due to skyrocket inflation of happening in this country. Their inflation rate is about 2,200,000% up to now, which is really frightening. Sorry to tell you that Zimbabwe was once the wealthiest country in Africa.
A Zimbabwean posted this pic in his blog describing the life in Zimbabwe.
Compare to Zimbabwe residents, we are luckier and wealthier.
Do pray for them and the country.
Sorry my fault. It should be $10 Billion.
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