Zimbabwe: billions are rarely used, been replaced by quadrillions - a million billion

Discussion in 'Economics' started by palenimbus, Jul 2, 2008.

  1. inflation is running at 9,000,000 percent.

    they better raise rates
     
    #11     Jul 4, 2008
  2. :D
     
    #12     Jul 4, 2008
  3. gnome

    gnome

    Oh, that's ALL wrong. Bennie and Paulson said, "it's only 2-3%, so don't worry".
     
    #14     Jul 4, 2008
  4. oopps, I forgot,

    the core rate is only 2,000,000 percent but they expect inflation to moderate over time.
     
    #15     Jul 4, 2008
  5. Seriously what could anyone expect? Mugabe has been a professional murderer and terrorist all his life. That is what he knows and enjoys. He has destroyed utterly the prosperous colonial economy he inherited when he came to power. All the minor tribes in Zimbabwe know him as the monster he has always been.

    And what else can be the outcome of his continuous hate, murder and terrorism but the destruction and absolute nadir he has achieved?
     
    #16     Jul 4, 2008
  6. Chavez recently took 3 zeros off of his currency...! why don't the Z's do the same, like take off 000 per month?
    On the bright side the Z's must be very good at math by now, NOT easy calculating in trillions etc...?
     
    #17     Jul 5, 2008
  7. Anyone knows where I can buy some Zimbabwe Dollar Bills?
    I want to give some to a friend who collects all sorts of foreign currency bills.
     
    #18     Jul 5, 2008
  8. hsmc1970

    hsmc1970

    #19     Jul 5, 2008
  9. You're not being fair at all! Why are you only looking at the <i>negative</i> side of Mugabe? :confused:

    I admit it, Mugabe's got a few flaws. Perhaps he single-handedly turned a thriving and prosperous nation into a famine & violence stricken shithole, utterly destroying the lives of 12 million of his own people... but, hey- you gotta at least give the guy credit for being a mighty sharp dresser!

    <img src=http://www.telegraph.co.uk/telegraph/multimedia/archive/00653/news-graphics-2007-_653403a.jpg>
     
    #20     Jul 5, 2008