Inflation, Zimbabwe Style
Here’s one from the ‘news you can’t use’ file. Zimbabwe, home of 165,000% inflation, recently issued a $500M bank note.
It’s worth about $2 US dollars. Oof.
Advanced Personal Finance
Moving beyond the basics
Here’s one from the ‘news you can’t use’ file. Zimbabwe, home of 165,000% inflation, recently issued a $500M bank note.
It’s worth about $2 US dollars. Oof.
May 18th, 2008 at 6:54 pm
I wonder if when Mugabe goes if an investment in the Zimbabwe dollar could actually be worth something
- check out this- zimbabwe.arrove.com - Zimbabwe million dollar homepage spoof. Pretty funny.
May 20th, 2008 at 5:27 am
lol… reminds me of the time I bought 100 million turkish lira for $120 as a gag. It was fun to show 5 million lira bills to people.