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Inflation guts Zimbabwe's economy

Zimbabwe suffers from an inflation rate the government pegs at 7,000 percent. But it's maybe two or three times that in actual practice. Reporter Gretchen Wilson helps us understand what that really means.

A Zimbabwean honor guard stands in front of a banner during Heroes' Day celebrations in Harare in August. President Robert Mugabe warned real estate agents and landlords to comply with strict new pricing directives. (Desmond Kwande, AFP/Getty Images)

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