$100000000000000 dollar note (1 Viewer)

[ChockoRepublic]

lol. guys, the inflation rate in zimbabwe, as it currenty stands is

516,000,000,000,000,000,000 %

for anyone that's interested, that's 516 QUINTILLION percent.

 

[Darnie]

lol. guys, the inflation rate in zimbabwe, as it currenty stands is

516,000,000,000,000,000,000 %

for anyone that's interested, that's 516 QUINTILLION percent.

holy fuck.

thats massive. :jaw:

 

[ChockoRepublic]

holy fuck.

thats massive. :jaw:

i'm not 100% sure if that's true. i saw it on this ebay ad:

ZIMBABWE $100,000,000,000 +$1.00 + 1c + 500 MILLION UNC - eBay Africa, Notes, World, Coins. (end time 27-Jan-09 01:21:01 AEDST)

it's at the bottom.

 

[Darnie]

i'm not 100% sure if that's true. i saw it on this ebay ad:

ZIMBABWE $100,000,000,000 +$1.00 + 1c + 500 MILLION UNC - eBay Africa, Notes, World, Coins. (end time 27-Jan-09 01:21:01 AEDST)

it's at the bottom.

i looked for sources; CNN has the "official" inflation rate of zimbabwe at 230 million %, as of 3 november 2008

 

[Lentern]

lol that was like some guy in my year,

"why dont the african countries just print more money"

He's a goose but surely if he were the king for a day he'd do that and then when he sees the inflation he'd say "whoops" and stop. Why do they keep doing it?

 

[FatJ]

According to XE.com, 100 trillion Zimbabwe is worth
10,642,733.0544642 AUD

Same from oanda.com.

Also
Notice: The Zimbabwe government redenominated the ZWD on August 1, 2008 at a rate of 10,000,000,000 old ZWD to 1 new ZWD. No new currency code has been issued, but the old ZWD currency remains legal tender until December 31, 2008.

I don't get it. The worlds press have the exchange rate wrong? Why would they print such a ridiculously valuable note?

XE.com uses the official exchange rates.... which are like wayy off... The press uses the (more realistic) unofficial (black market) exchange rate.

Same goes for the inflation rate...
The zimbabwe government doesn't want to admit the situation is so bad so they artificially distort the facts....

 

[mrcalkin]

should give the farms back to whites. He took their land, and gave it to people who know 2 shits about farming. He destoried a pretty solid economy into the joke of the world. and still no revolution. LOL

 

[katie tully]

So, we're ready to wage war on shit holes like Iraq and Afghanistan, but we can't overthrow Mugabe...

Sure, there's no oil or anything we can gain from it... But does anybody else remember when Zimbabwe was a really prosperous agricultural super power? I remember

 

[Funky Monk]

So, we're ready to wage war on shit holes like Iraq and Afghanistan, but we can't overthrow Mugabe...

Sure, there's no oil or anything we can gain from it... But does anybody else remember when Zimbabwe was a really prosperous agricultural super power? I remember

Unfortunately Mugabe hasn't blown up an American/Western icon and killed thousands of someone else's citizens. Only his own.


I do remember such a time. I went there for a holiday when it was still sort of a plentiful fruit bowl. Nice people. Pretty useless at revolutionary uprisings though.