[mbriant]

The Associated Press: Zimbabwe inflation hits 231 million percent

 

[Tridacnid]

 

[amphead]

Wow! I can't even count that high. I guess with a million Zimbabwe dollars, you could buy one peanut. Sad really.

 

[krmathis]

Thats just crazy!
Guess you need a wheel barrel full of cash just to buy a Coca Cola down there...

 

[Lazarus Short]

I have been following developments in that country for a few years now. People are starving to death at this point. Agriculture [it was only recently a food-exporting nation] has almost totally collapsed. It is all due to the political ineptness of one man. Sometimes, I can't help but to think it was all planned that way.

 

[Uncle Erik]

I was just fantasizing about what hyperinflation would do to my student loan note.

Be careful what you wish for, right?

 

[grandenigma1]

Quote:

Originally Posted by Lazarus Short /img/forum/go_quote.gif I have been following developments in that country for a few years now. People are starving to death at this point. Agriculture [it was only recently a food-exporting nation] has almost totally collapsed. It is all due to the political ineptness of one man. Sometimes, I can't help but to think it was all planed that way.

Not everyone is suffering there that is for sure... There is always money to be made in the face of crisis and disaster.

 

[myinitialsaredac]

I should take my wallet and buy a few houses down there oO.

231,000,000% wow.

Dave

 

[nsx_23]

Wasn't Iceland in some sort of strife as well because most people took out "foreign currency" loans?

 

[stuge(original)]

They have 10 million dollar note lol

http://www.dailymail.co.uk/news/arti...er-Harare.html

 

[Denim]

Take another look at that note. It comes with an expiration date!

 

[mbriant]

Zimbabwe Faces 50 Million Percent Inflation, Uses Gasoline Coupons For Currency
This article says they've issued a 100 billion dollar note and that's still not enough to buy a loaf of bread.

 

[Edwood]

Quote:

Originally Posted by mbriant /img/forum/go_quote.gif The Associated Press: Zimbabwe inflation hits 231 million percent

LOL. Wow.

We can just keep cutting our interest rate and try and play catch up.

 

[apatN]

Damn.. Afrika's got some real problems, and they all came from the colonists and the independance after. Recently I had to make a paper about Sierra Leone. Read some up on it, quite interesting really. Shows that when a country is instable, pretty much everything is possible. Rules fade away and in the end pretty much everything is permitted.

Same in this case. We f^^ked up pretty bad for those Africans, and still do..