[RobertoG]

Can you support that with some data of citation?

I would recommend you to read the below link. It doesn't seem to me that the problem was "printing too much money".

From http://bilbo.economicoutlook.net/blog/?p=3773 :

-Unemployment rose to 80 per cent or more and many of those employed scratch around for a part-time living.

-45 per cent of the food output capacity was destroyed.

-In 2007, there was a 57 percent decline in export mineral shipments (see Financial Gazette for various reports etc).

-Manufacturing output fell by 29 per cent in 2005, 18 per cent in 2006 and 28 per cent in 2007. In 2007, only 18.9 per cent of Zimbabwe’s industrial capacity was being used. This reflected a range of things including raw material shortages. But overall, the manufacturers blamed the central bank for stalling their access to foreign exchange which is needed to buy imported raw materials etc. The Reserve Bank of Zimbabwe is using foreign reserves to import food. So you see the causality chain – trash your domestic food supply and then have to rely on imported food, which in turn, squeezes importers of raw materials who cannot get access to foreign exchange. So not only has the agricultural capacity been destroyed, what manufacturing capacity the economy had is being barely utilised.

[chr1]

585.84% [1] inflation in 2005 would correspond to (1-100/585)*100~=83% fall in economic output. Besides the main part of inflation was in 2008 - 79,600,000,000%, which could be explained by shrinking economics only if everyone except two people out of 14mln completely stopped producing anything.

[1] https://en.wikipedia.org/wiki/Hyperinflation_in_Zimbabwe#Inf...