View Single Post
Old 07-20-2008, 10:50 AM  
kenny
Confirmed User
 
Industry Role:
Join Date: Mar 2002
Posts: 7,245
Quote:
Originally Posted by woj View Post
they might as well give up and create some new currency...
It doesn't matter even if you start all over and say

$100,000,000,000 old Zimbabwe dollrs = $1 New Zimbabwe dollars

You still are inflating at 2.2 million percent.

The only way out of it is to stop printing money and use another currency like the EURO or USA. I imagine most people over there have probably already done this since prices of goods are probably doubling everyday under their current inflation.
__________________
7
kenny is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote