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Old 07-20-2008, 05:50 AM  
xmas13
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Zimbabwe introduces $100 billion banknotes

Official inflation rate: 2,200,000%. ))))))))

http://www.cnn.com/2008/WORLD/africa...bwe.banknotes/
http://www.voanews.com/english/2008-07-20-voa3.cfm
http://edition.cnn.com/2008/WORLD/af....inflation.ap/
http://www.economist.com/world/afric...ry_id=11751346
http://africa.reuters.com/business/n...BAN346498.html

"Once-prosperous Zimbabwe has seen an unprecedented economic meltdown since it gained independence in 1980, with the official inflation rate now at 2.2 million percent.

Gideon Gono, governor of the Reserve Bank of Zimbabwe, said the new notes are for "the convenience of the banking public and corporate sector" in light of price hikes."
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