ReVisualise Add Fave Search
Not Logged In
0
Your Username:
Your Password:

[ sign up | recover ]

Non iam
by wugs

previous entry: Writing again

next entry: Hello World #;

So I'm now a multitrillionaire...

05/19/2011

It's just in Zimbabwean dollars.



Yep. $100 trillion dollars. $100,000,000,000,000. One bill. And it can't buy you a bus ticket.

Zimbabwe experienced hyperinflation due to terrible monetary policy under Mugabe. In short, shit fucked up and now the currency is worthless. (Well, it's not in use now in favor of the USD and other currencies, but still.)



This is more ridiculous than the hyperinflation in Germany during the Weimar republic, second only to the crash in Hungary in 1946. You still get people carrying bags and buckets of bills in wrappings, but this time they're labelled in the quadrillions. They experienced inflation to the extent of ~231,000,000% in July 2008 (where 50+%/month is considered hyperinflation by Caber's definition).

Did I mention that the $100 trillion dollar bill cost me 7 USD? (including shipping)

previous entry: Writing again

next entry: Hello World #;

0 likes, 1 comment

(signed comments only) add comment

Add Comment

Add Comment

Please enter the following WHITE digits in the box below.

Confirmation Code

That's absolutely insane!♥ǝllǝ

[BellatrixStar|0 likes] [|reply]

Diary added to your faves.
Online Friends
Offline Friends