This article in the Times Online just blew my mind. Inflation in Zimbabwe is at 8.5 MILLION percent. It's such a high number it's meaningless.
"...a weekly shop costing $514billion, which she paid for by debit card. The shop till could only ring up $9 billion, so the card had to be swiped 57 times."
"...his $50 billion monthly salary will buy him just two bars of soap. In three days it will buy only one."
Couldn't get any worse, right? Wrong. The German company that supplies the paper for their currency just announced they are severing their business relationship. Oops!
Lastly here's President Robert Mugabe's re-election commercial from the recent 'elections.' Check out the billion dollar's worth of CGI
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This is very simular to what happend in Germany after WWI. The Govt started printing money to pay off war debt, thus creating inflation. People would get paid twice a day and would go spend their money as fast as they got it before inflation made it useless. Kinda puts prespective on why Germans were earger to find someone to blame for their troubles.
I have a 500,000 Zim note on my bulletin board at work. I was shocked when I got it to find out that it wasn't even being used for being too small.
I have to say that political commercial wasn't that bad.
I kind of reminded me of one Rove did in Minnesota in 2002.
Hmmmmm.....I wonder?
Beyond this story, it´s a very sad situation what the people are living in Zimbabwue.