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Author Topic: Land of the poor millionaires [Locked]
Sith_Mauler  4 stars
Posts: 1,851
Registered: 2002-12-21 13:40:03
http://www.damncoolpictures.com/2008/10/zimbabwe-land-of-poor-millionaires.html

Due to the country’s hyperinflation rate of over 231,000,000% a year, the financial authorities were forced to release larger and larger bills in order to help people buy the simplest things without carrying bricks of bills with them. When the $10,000,000 bill was released early this year, it was worth about $4 US, but it soon became as worthless as the previous bills and now you can find the 100 billion dollars bill which you can use to buy 3 eggs.

When people want to go to a restaurant they are again forced to carry mountains of money with them. This all began in the year 1980, when president Mugabe came to power and transformed the whole country into a giant agricultural field. Now the inflation is through the roof, 80% of the population is unemployed and a third of the population has left the country. At least they can take pride in the fact that they have the highest denomination bills in the world.


Still think its bad here?

 

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Maleraka  2 stars
Title: Postponing the inevitable
Posts: 481
Registered: 2002-9-24 18:26:05
As a casual collector of foreign currency, I would love to get my hands on some of those bills.

EDIT: I found 5 one hundred trillion zimbabwe dollar notes on ebay for $20.99 US....

 

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Fallen_daemon  3 stars
Posts: 761
Registered: 2001-7-28 16:34:29
Love to see how this would work out in the us. I would love to see a billion or a trillion dollar bill .

 

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Banelord_FF  2 stars
Title: Cunstrukshen Werker
Posts: 321
Registered: 2002-1-3 14:33:41
Maleraka posted:

As a casual collector of foreign currency, I would love to get my hands on some of those bills.

EDIT: I found 5 one hundred trillion zimbabwe dollar notes on ebay for $20.99 US....



Wait 30 minutes and you can get it for $0.27.

 

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Fallen_daemon  3 stars
Posts: 761
Registered: 2001-7-28 16:34:29
http://www.templetoncollectibles.com/

 

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Fight white guilt and injustice by going to a Native American casino and gamble your money away.
me pic http://acf.curbjaw.com/armchair.htm
Formerly known as :armchair warrior, sysphus, fallen_deamon
http://www.facebook.com/help/contact.php?show_form
BritonGuy  4 stars
Title: Serious Business
Posts: 1,567
Registered: 2004-3-4 20:43:50
Coming to the US soon.

 

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Briton Guy...persnickety...NEVER! -Murron (truly)
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TickyAtack  4 stars
Posts: 1,303
Registered: 2001-10-23 15:46:32
http://www.amazon.com/Zimbabwe-Trillion-Dollar-Bank-Uncirculated/dp/B002X1970I/ref=sr_1_1?ie=UTF8&qid=1331659207&sr=8-1

 

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i, ticky.
Sith_Mauler  4 stars
Posts: 1,851
Registered: 2002-12-21 13:40:03
I got some old Iraqi money I brought back from the sandbox.

 

-----signature-----
Well I ain't first class
But I ain't white trash
I'm wild and a little crazy too
I have seen a lot of things in my life time.
That is why I walk the line I walk.
Greyfox_MT  1 star
Posts: 117
Registered: 2000-4-19 03:53:13
Sith_Mauler posted:

I got some old Iraqi money I brought back from the sandbox.



I knew a guy in Kuwait who had a pallet of Iraqi Dinars and swore they would be of value in the future....

 

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09-11-2001 A Day that will be remembered
A wise old owl lived in an oak
The more he heard, the less he spoke
The less he spoke, the more he heard
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