“We are selling more bicycles now than before … Most people who come here do not complain about the prices, they believe it is a worthwhile investment.”
A bicycle dealer in Harare, Zimbabwe, where constant fuel shortages are encouraging people to jump on the bike. The popularity has raised the price of bicycles 20 times what they were a year ago. Overall, Zimbabwe is suffering a 411 percent inflation rate.
Bicycle boom pushes Zimbabwe inflation to 411 percent, Reuters, Nov. 10, 2005
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