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- - Zimbabwe releases $10 million bill (https://gfy.com/showthread.php?t=802236)

RayBonga

01-24-2008 03:39 PM

Zimbabwe releases $10 million bill

Quote:

As the US economy inches ever closer to a recession, it might provide a little perspective to look at what a real economic crisis looks like. Plagued by hyperinflation of over 50,000% a year, Zimbabwe's central bank recently decided to issue $10 million notes-- believed to be the highest denomination of currency in the world today. The bill, worth less than US$4, is barely enough to purchase a hamburger. One writer illustrates the rampant inflation:

"The bill is exactly the same color, layout and design as a $20 bill I've been carrying in my wallet since my trip to Zimbabwe 15 months ago... When I wrote about that $20, it was worth about $0.025 USD - a silly amount of money to represent with a bill, but still a functional piece of currency. At the moment, that bill is worth $0.00000005 cents, or 5 hundred-millionths of a cent."

http://www.gadling.com/2008/01/22/zi...-million-bill/

xmas13

01-24-2008 04:17 PM

$10,000,000 burgerrrrrrrrrrrrrrrrrrrrrrrrrr LOL.

BradM

01-24-2008 04:23 PM

Africa is so fucked.

Angry Jew Cat - Banned for Life

01-24-2008 04:24 PM

any programs paying in zimbabwe dollars? i want to be a billionaire...

StarkReality

01-24-2008 04:26 PM

Quote:

Originally Posted by BradM (Post 13693679)

Africa is so fucked.

Yep, we can be really happy that religious fundamentalism isn't widespread there...

pinsv

01-24-2008 04:29 PM

you can buy a soda with that shit ...

D	01-24-2008 04:35 PM

Will have to check out their tourist attractions. :-)

Angry Jew Cat - Banned for Life

01-24-2008 04:36 PM

Quote:

Originally Posted by D (Post 13693757)

Will have to check out their tourist attractions. :-)

webmaster gathering in zimbabwe? who's in?

BradM

01-24-2008 04:38 PM

Quote:

Originally Posted by D (Post 13693757)

Will have to check out their tourist attractions. :-)

I heard they inject you with aids when you get your passport stamped.

Angry Jew Cat - Banned for Life

01-24-2008 04:42 PM

Quote:

Originally Posted by BradM (Post 13693773)

I heard they inject you with aids when you get your passport stamped.

I heard in Zimbabwe, that food eats you...

porsche

01-24-2008 04:49 PM

i used to live there when i was little. its very sad to see it falling. its terrible that we just sit back and watch. i havent been able to contact my friends there for years now. dont know what happened to them......

hateman

01-24-2008 04:57 PM

No one cares if some third-world shithole spirals into utter chaos and financial ruin.

After all, it really is none of our business. The world agress with me on this topic.

dodger21

01-24-2008 06:36 PM

Rhodesia.....

just sayin

tony286

01-24-2008 06:38 PM

I want one, where would I go to get one?

directfiesta

01-24-2008 06:41 PM

Italy was like that till they adopted the euro.. A hotel bill was in the millions of lira ...

Spunky

01-24-2008 08:27 PM

Quote:

Originally Posted by tony404 (Post 13694219)

I want one, where would I go to get one?

Quote:

Zimbabwe's central bank recently decided to issue $10 million notes-- believed to be the highest denomination of currency in the world today

:thumbsup

Fap	01-24-2008 09:08 PM

so wait, what would that be in US currency?

pornask

01-24-2008 09:10 PM

That's like those fucking Poles. Their currency got into shitter and you were virtually paying billions for a chewing gun. They just slashed few dozen zeroes out of embarrassment and made themselves look like everything is fine and dandy. Fucking Poles :1orglaugh

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