Zimbabwe introduces $100 billion banknotes
From CNN.com: Zimbabwe introduces $100 billion banknotes
Zimbabwe's troubled central bank introduced $100 billion banknotes Saturday in a desperate bid to ease the recurrent cash shortages plaguing the inflation-ravaged economy.That's some messed up currency.
...
As high as they are, though, the bills still aren't enough to buy a loaf of bread. They can buy only four oranges.
The new note is equal to just one U.S. dollar.
0 TrackBacks
Listed below are links to blogs that reference this entry: Zimbabwe introduces $100 billion banknotes.
TrackBack URL for this entry: http://morristsai.com/cgi-bin/mt/mt-tb.cgi/383


Leave a comment