Zim introduces $100 trillion notes as inflation spirals
http://www.zimonline.co.za

by Wayne Mafaro Friday 16 January 2009

HARARE - Zimbabwe's central bank has introduced new 100 trillion Zimbabwe
dollar notes, in the latest sign of runaway inflation officially estimated
at 231 million percent as of last July but which independent analysts say
could be anything in the trillions.

The $100 trillion note - the highest in a new range that includes new 10, 20
and 50 trillion dollar notes - is enough to buy only about six loaves of
bread.

"In a move meant to ensure that the public access their money from banks,
the Reserve Bank of Zimbabwe (RBZ) has introduced a new family of notes,"
The RBZ said. The notes will be gradually introduced into the market with
effect from Friday.

With its value falling faster than any other currency on earth, the Zimbabwe
dollar is nearly worthless, and both consumers and traders are increasingly
shunning the currency in favour of the South African rand or the United
States dollar.

A collapsed currency is the most visible sign of Zimbabwe's deepening
economic and humanitarian crisis that is also seen in acute shortages of
food and basic commodities, amid outbreaks of killer diseases such as
cholera and anthrax.

A September power-sharing agreement meant to ease the political situation
and allow the country to focus on tackling the economic meltdown remains
deadlocked as President Robert Mugabe and opposition leader Morgan
Tsvangirai bicker over control of key posts in a unity government outlined
under the deal. - ZimOnline

wonder whose picture is on the bill, uncle bob or uncle obama

quote:

Originally posted by butchloc:
wonder whose picture is on the bill, uncle bob or uncle obama

Obama is on the Kenyan dollar

Boy I sure would like to buy some of these notes. Anyone with the capacity please PM me so I can send the appropriate US currency along with shipping and $10.00 for your time.

Andy B

Each slice of bread is worth $1 trillion today.

A pin-head size piece of bread would be $100 million.

I have the 100 Billion and 100 Million Dollar Notes. I would love to have the 100 Trillion Dollar Note to go with them.