History Lesson In the Printing Press and Hyper-Inflation

Discussion in 'Economics' started by PAPA ROACH, Nov 25, 2007.

  1. See what freedom gets you.

    At least under Rhodesia. Ruled by mean old devil (white man) they had bread and a decent economy. No longer though.

    Uhhh...tough luck.

    Check this out by the way. Read the whole thing and try not to laugh.
    http://www.guardian.co.uk/zimbabwe/article/0,,2181086,00.html

    and this....this is quite disturbing

    http://www.telegraph.co.uk/news/main.jhtml?xml=/news/2007/10/06/wzim106.xml
     
    #11     Nov 26, 2007
  2. I find this part interesting. People can starve, wheat, corn and fruit production can approach zero but marijuana production remains unchanged. How is that possible?

    http://www.guardian.co.uk/zimbabwe/article/0,,2181086,00.html

    "Cigarettes are only available on the black market at many times the official price, and now cost more than marijuana - a cash crop that does not appear to have been severely affected by the crisis."
     
    #12     Nov 26, 2007
  3. maxpi

    maxpi

    Marijuana is a weed and it takes really nothing to keep it going in the wild... I knew a guy way back in the day that grew some on his neighbor's property.. and the neighbor was a Judge! The old judge guy never caught on... but hey, I have a zillion stories, none of which are suitable for instructing the youth of the nation....

    I've watched Zimbabwe for years... it's a spin off from South African Marxism. They ran out the white farmers. Apartheid was terrible but the Marxism is downright satanic... and they don't seem to ever be able to have productivity... now I'm watching Venezuela.. it's just a matter of time for them....
     
    #13     Nov 26, 2007
  4. NYTimes: "HARARE, Zimbabwe, April 25 — How bad is inflation in Zimbabwe? Well, consider this: at a supermarket near the center of this tatterdemalion capital, toilet paper costs $417. No, not per roll. Four hundred seventeen Zimbabwean dollars is the value of a single two-ply sheet. A roll costs $145,750 — in American currency, about 69 cents."
     
    #14     Nov 26, 2007
  5. 100 quintillion whatevers Hungarian Note - 1946
     
    #15     Nov 26, 2007
  6. $1 Bazillion $USD = 1 Charmin. Just give it time.
     
    #16     Nov 26, 2007
  7. Got to love those third world countries. They are so funny.
     
    #17     Nov 26, 2007
  8. 9999

    9999


    For the Germans - in the beginning - he was indeed a hero. He gave them back their dignity. But stating that his only "fault" was the holocaust is really priceless. What have you been smoking?
     
    #18     Nov 26, 2007
  9. Inflation what are you talking about they can't measure inflation b/c they have no goods in stores what so ever.:eek:

    http://news.bbc.co.uk/2/hi/africa/7115651.stm

    See where freedom gets you.
     
    #19     Nov 29, 2007