Lunch In Zimbabwe: HT Greg Mankiw

Greg Mankiw, an econ professor at Harvard, occasionally shares photos from colleagues and students in their travels. The pics from Zimbabwe, the poster child of Quantitative Easing, never fail to entertain. Or give one pause.

By the way, the price of milk, eggs, cheese, and other staples are beginning to climb rapidly on the store shelves. What happens to a culture with 20% unemployment and rising costs of staples?

We may soon find out. Jesse's post from this morning contains a detailed account.