Friday, December 5, 2008

8.42am












A trillion dollars!!
If you are looking at this listing, I am sure you know the amazing and rather sad story of Zimbabwe's imploding economy.
World record inflation — presently about ten to twenty million percent per annum — has recently created a need for 50 and 100 billion dollar issues, in an attempt to keep up.
However, on August 1st., the Government lopped TEN zeros off all denominations, meaning these unique notes will never be seen again. $100B notes were only legal tender for a week or so, but they remain in use informally, in the absence of the new notes.
Added October 9th: newly released official figures show Zimbabwe's annual inflation rate - already the world's highest - hassoared to 231,000,000% (NOT a misprint!).

1 comment:

Pingping said...

As I know, wallet is not able to sold there, they use big beg to carry money.