Zimbabwe bank issues $10million bill - but it won't even buy you a hamburger

Forget the glitzy restaurants of New York and London: only in Zimbabwe would a hamburger actually cost millions of dollars.

The central bank of the southern African country has a issued a 10million Zimbabwe dollar note. The move increases the denomination of the nation's highest bank note more than tenfold.

Even so, a hamburger in an ordinary cafe in Zimbabwe costs 15 million Zimbabwe dollars.

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The lesson: Hyperinflation is a possibility for every State with a fiat currency.

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"All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." - Schopenhauer