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dropped 12 zeros.. zim$

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03 February 2009, 06:39
jeffeosso
dropped 12 zeros.. zim$
Wow, folks, zim has dropped TWELVE zeros off their currency..

1,000,000,000,000 - That's a TRILLION to 1

If you took the population of the world
multiplied it by 360
and cut it back 12 zeros..

adam and eve would be all that's left
(assumes 6.25 billions)


opinions vary band of bubbas and STC hunting Club

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03 February 2009, 20:42
Andrew McLaren
That dammed Tony Blair that hurt the Zimbabwe economy so much! clap clap

Alltogether they have now dropped 20 zeros? Or more? Lost track a bit.

Has there ever been a worst case of inflation in any country ever?

Andrew McLaren
03 February 2009, 20:49
Use Enough Gun
Dropping 12 zeros off of their currency does not change the fact that the Zim dollar is not even worth the money it's printed on, and sensible people will not deal in Zim currency at all. Who are they fooling or trying to fool? They dropped 10 zeros off of the Zim dollar when I was there in August. Some good that did them then.
05 February 2009, 00:19
Balla Balla
What amazes me is why did it take the USA and other esteeemed countries so long to understand monetory economics and find out that the easiest way to (get out of economic strife) is to PRINT MONEY ... Mugabe has been printing printing for years, and now the USA treasury is doing exactly the same thing.

Go figure and let me know if PRINTING MONEY is the answer

Cheers, Peter