If you think that the current economic crisis is something that has never happened in history before, you may be wrong! After the collapse of the agriculture sector in Zimbabwe in 2000, the inflation in that country skyrocketed to 231 million percent a year! Just think about it - 231 000 000%! Unemployment went up to 80% and a third of country’s population left it.
Let`s now have a look at the photos that you may not be able to see anywhere else in the world.
Here is a boy getting change in 200 000 dollar notes!
One 200 000 dollar note equals less than $0.10 cents.
December 22nd, a new note of 500 000 dollars introduced to the market!
Next - 750 000 dollars.
January - new note of 10 million dollars.
This US $10 dollar note is 10 times worth more than the 10 million dollars Zimbabwe note.
A case worth 65 billion Zimbabwe dollars which equals to $2000 US dollars.
This guy is going to a supermarket. The exchange rate is 25 million Zimbabwe dollars for 1 US dollar.
This mountain of cash is worth $100.
50 Million note is then introduced!
Next is 250 million dollars note!
Sorry, how much is this t-shirt?
- It`s cheap, only about 3 billion dollars!
May - a note of 500 million dollars is introduced!
June - note worth 25 and 50 billion are printed.
And finally - 100 billion dollars note!
What can you buy for it? Well, these 3 eggs for example.
That's how people went to restaurants!
And the bills:
In August, the government devalued Zimbabwe dollar by removing 10 zeros from notes.
However, inflation kept going up and in September for this amount of cash you could only buy 4 tomatoes.
And for this - some bread.
And then it started again: 20 000 dollars note in September.
50 000 a couple of weeks ago!
They`ve got a pretty good chance of hitting billion dollar notes again by the end of this year!
- instead of just printing up more money this wouldn’t happen.
syrena (guest) Yesterday: 5:42 am
haha miket…
u really do not know much about life! u are still on the safe ground, as i see.
we, everybody white, in europe, have enormous inflation not long time ago.
our asses works more than 16 h every day.MikeT (guest) Yesterday: 6:35 am
Your asses sit under a TREE all day. Us white Europeans have been there and watched you.
jogleason (guest) Yesterday: 8:09 am
Show me an organization,town, city or country run by black people that isnt corrupt. That is their culture.
mikel (guest) Yesterday: 9:42 am
As always, this must be the fault of the US. It always is. And stupid people will always believe it.
Qatar Boy (guest) Yesterday: 10:31 am
This is amazing. I wander if they had a trillion note - with a speed our gov is handing out right now they may as well print a trillion dollar one.
Cheers,
Amar
De verdad os creeis que hay inflaccion??? - Page 2 - Burbuja Econ (guest) Yesterday: 10:39 am
[...] Inflaci
Ella (guest) Yesterday: 4:08 pm
Oh my gosh…that’s really sad and funny at the same time.
daisy (guest) Yesterday: 5:53 pm
Isn’t socialism wonderful?
[...] tells banks to start using that money on homes Home prices still falling amid gloomy forecast What the real crisis is like Evil Wall Street Exports Boomed With `Fools’ Born to Buy Debt Another plunge in home prices [...]
mouse209 (guest) Today: 9 hours ago
Basically they are printing “annual currency”. A new dollar - a new picture -a new year. They need a barter-type non-currency system (e.g. 1bundle of wheat=3eggs… or…1week of work=1live chicken). imho
[...] retirada daqui (via Incentives [...]
From breadbasket to basket case (guest) Today: 5 hours ago
The stronger the political centre, the more pervasive the level of incompetence.
See what happens when a country is taken over by leaders who know nothing about economics. JFK, LBJ, Nixon, Ford, Carter, Reagan, Bush I, Clinton, Bush II, Clinton II, Obama, McCain, etc….
Ron Paul is the only candidate who knew anything about economics. And the media made sure he got minimal treatment because the corporate sponsors want to keep the borrowing in place so that all the position holders can keep living well whilst creating nothing to society.
In the US, the UK, Spain, and many other countries, structural reform is not possible - the idiot complex is in charge and support is given to clueless showmen like Show-Bama.Can we have a more politically correct interpretation of events ? I mean what about the feminist perspective ? Are the giraffes on the currency representative of the various sexual orientations ? And how many currency notes does it take to pay for a lazy useless feminist academic in a job in a posh university in Zimbabwe ? What about the planet ? Are the newspapers able to voice concern over the fact that Sarah Palin might become President of the United States, and that she might tell feminists to start behaving like real women instead of masters of absurdity ? Perish the thought, that such critical concerns are not relevant in the ordinary lives of the inhabitants !! Where is the sexual revolution ? Where are the young women and their contraceptives and their liberation revolution and their pop music ? Where is the fashion industry to express the importance of triviality in everyday life ? What about celebrations for the Marxist achievements of the regime ? What about university studies to extrapolate the new dimensions to living in such as profoundly expressive and stimulating society ? What about celebrations of the pride that has been recovered from colonialism - and the fact that male domination is positively circumcised ?
Jam Kam (guest) Today: 2 hours ago
There is nothing funny about anyhting going on in Zimbabwe. Talk politics, talk economics…. What’s happening there is absolutely surreal.
war (guest) Today: 18 seconds ago
jogleason (guest) Yesterday: 8:09 am. “Show me an organization,town, city or country run by black people that isnt corrupt. That is their culture.”
Right. ‘Cos there’s no corruption in the US or Europe is there? Oh wait, yes there is.
The American Government just robbed the US taxpayers of 850 billion dollars and gave all that money to their buddies in the banks who are already turning all that loot into fat bonuses for their top boys. Think of all the schools, hospitals, they could have built with that.
The same is happening all across Europe.
Western Governments are the kings of corruption. They just rely on a population of morons to not notice, that’s all.
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