100 Billion Dollar Bank Note !
10 Star it
G , Canberra:
Jul 24 2008
Made Popular Jul 24 2008
Zimbabwe :
Zimbabwe’s inflation rate is currently said to be running at somewhere between 2.2 million and 3 million per cent. The country has just printed a 100 billion dollar note with which (at the time of writing) one can hope to buy two loaves of bread. This kind of hyperinflation leading to such ridiculously large denomination bank notes is very nearly as extreme as Germany’s printing of a 100 trillion dollar bank note in 1924. Income tax hovers around 47.5%.
I can only imagine how the people of Zimbabwe can cope with such an interminable situation.

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2 Stars
am pro-barter trade system! Its just insane!
1 Stars
Insanity has a name and it’s name is ”Robert Mugabe”.
3 Stars
This may sound sick but, maybe, it’s ok if there’s no money to purchase with, there’s nothing to buy anyway! :):)
1 Stars
I wonder what it’s like carrying around one’s grocery money in a wheelbarrow.
2 Stars
@Graeme, please don’t wonder anymore! Trust me, you wouldn’t want to be caught up in such a situation!
Local Opinions (0)
Global Opinions (7)
2 Stars
This is sick... just goes on to show how farcical traditional economics can be... perhaps its time Zimbabwe thought up a unique way to make currency work... like go back to barter system or something!
2 Stars
am pro-barter trade system! Its just insane!
3 Stars
This may sound sick but, maybe, it’s ok if there’s no money to purchase with, there’s nothing to buy anyway! :):)
1 Stars
Encasing Robert Mugabe in a bunker with walls of 30 meter thick concrete, hermetically sealed - this may be a start to solving their problems. Of course, one would need another bunker with all the Zimbabwean Generals and military-political power-brokers.
It’s a mess, isn’t it... incredible.
It’s a mess, isn’t it... incredible.
1 Stars
Insanity has a name and it’s name is ”Robert Mugabe”.
1 Stars
I wonder what it’s like carrying around one’s grocery money in a wheelbarrow.
2 Stars
@Graeme, please don’t wonder anymore! Trust me, you wouldn’t want to be caught up in such a situation!
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It’s a mess, isn’t it... incredible.