However bad things may get, at least we're not Zimbabwe.
The last official figure given for annual inflation was 11,000,000%. Last month the central bank struck 10 zeros from the currency, making 10bn Zimbabwe dollars equal to one new dollar.
Banks only allow people to withdraw a maximum of 1,000 new Zimbabwe dollars a day.
Currently teachers earn Z$1,200, which is about $US35 on the local parallel market.