At least in Zimbabwe
And its not worth the paper its printed on. Its worth more as a collectors item than it can buy.
(HT: The Adam Smith Institute)
From Tear Drops to a Failure to Lose an Empire
17 hours ago
A blog on all things to do with economics and related subjects.
At least in Zimbabwe
And its not worth the paper its printed on. Its worth more as a collectors item than it can buy.
(HT: The Adam Smith Institute)
Posted by
Paul Walker
at
6:52 am
3 comments:
Here's what 50 billion is good for.
Remember, if they hadn't revalued multiple times, that $100 trillion would be $10^27!
They would need one hell of a big note to fit that number of zero on!
The 100 trillion dollar note was issued way back on Jan 16. However, on Feb 2 twelve zeros mysteriously disappeared during the dead of night. Comrades! Zimbabwe's dollar is now worth as much as $336.46(US)!
Get it while it's hot!
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