Wow.
Seriously, how do you make a transaction or monetary request of any sizable amoint of money with this- does the average person know what comes after trillion for example? How would you then ask for a sizable amount of money?
I’d think people would deal in goods and not cash. What’s the point of having money on you when next year it’ll be worthless?
[QUOTE=Snarky_Kong]
I’d think people would deal in goods and not cash. What’s the point of having money on you when next year it’ll be worthless?
[/QUOTE]
“Next year”? With a 25,000% inflation rate, I’d say the next hour!
If it means that Robert Mugabe will die and free Zimbabwe of his rule, I will accept the indefinite postponment of the invention of perpetual youth.
This “reform” may succeed in reducing the demand for wheelbarrows. For awhile, anyway.
[QUOTE=Snarky_Kong]
I’d think people would deal in goods and not cash. What’s the point of having money on you when next year it’ll be worthless?
[/QUOTE]
Maybe they have to use money - ie, there’s something preventing them from resorting to barter in any great numbers.
[QUOTE=Lumpy]
If it means that Robert Mugabe will die and free Zimbabwe of his rule, I will accept the indefinite postponement of the invention of perpetual youth.
[/QUOTE]
If it means that Robert Mugabe will die and free Zimbabwe of his rule, I will accept the indefinite postponement of losing weight.*
As they say, there’s a special place in hell for that man, and I sure hope it’s hot. And viciously, endlessly tormenting.
Ah, the irony–it burns. But I really, really want to lose my excess bodyfat. God, why isn’t this world fair? Why am I obese when children die of starvation?
I got an an extra $4 bucks, how do I go about getting a $10 million dollar bill?
[QUOTE=Rick]
I got an an extra $4 bucks, how do I go about getting a $10 million dollar bill?
[/QUOTE]
I’m sure you can find a Nigerian who needs $20 million in Zimbabwean currency moved somewhere…
I’ve said it here before, but when I was in Zimbabwe in 2002, it was 400 Zim dollars to the US dollar. A week later it was 600 Zim dollars to the US dollar. I still have some Zim $10 bills. I think I may actually have a Zim penny, or at least, several coins less than $1. I’ve got a bunch of black $100 casino chips from the casino at Victoria Falls. At the time, I heard that Michael Jackson had a partial ownership in the casino. I was a real high roller, playing blackjack at $200 Zim a hand!
When I was in Zaire in 1992, a million zaires was just about enough to buy a bottle of beer. I have a couple of one-million zaire bills with a picture of Mobutu on them. While I never saw one, I would have guessed that they must have had larger denominations for larger transactions.
[QUOTE=Darryl Lict]
when I was in Zimbabwe in 2002, it was 400 Zim dollars to the US dollar. A week later it was 600 Zim dollars to the US dollar.
[/QUOTE]
I was at Victoria Falls in 2000, and the currency troubles were in an early phase. The “official” Zim-US exchange rate was IIRC around 40:1, but the “street” rate was close to 100:1 - things became quite cheap if you were willing to do a back-alley transaction.
It was a great place and time to visit, but there was a palpable sense that it wasn’t going to last. Mugabe was turning nasty, and people were worried. It would be interesting to know what Victoria Falls is like now - how much tourism remains (on the Zimbabwe side)?
Time to trot out the story from the days of German inflation when someone was carrying his weekly wages home in a shopping basket, which he temporarily set down outside a shop. When he came out again, the money was still there, but the basket had been stolen.