⭐ topearn Posted July 21, 2008 Report Posted July 21, 2008 Here's why - Zimbabwe introduces 100-billion-dollar note Sat Jul 19, 4:58 AM ET HARARE (AFP) - Zimbabwe, grappling with a record 2.2 million percent inflation, has introduced a new 100-billion-dollar bank note in a bid to tackle rampant cash shortages, the central bank said Saturday. ADVERTISEMENT The new note will go into circulation on Monday, the bank said in a statement cited by state media, joining about half a dozen new high denomination notes already issued this year. In January, a 10-million-dollar note was issued, then a 50-million-dollar note in April. In May, notes for 100 million and 250 million dollars were issued, swiftly followed by those for five billion, 25 billion and 50 billion. The southern African nation, currently gripped by a post-election crisis, has been ravaged by hyperinflation which shot up from 165,000 percent in February to 2.2 million in June. Independent economists however believe the official inflation figure is grossly understated, estimating it could be running between 10 million and 15 million percent. Zimbabwe's chronic economic crisis has left at least 80 percent of the population living below the poverty threshold and mass shortages of basic goods in shops. Quote Earn 100% Commission!2% daily, solid program !
mcozy Posted September 23, 2008 Report Posted September 23, 2008 woah! that is some seriously low rated currency I need a loaf of bread, here is 100 billion dollars, that should cover it. keep the change Quote PROJECTSURF-JOIN NOW! Revenue-invest,Very Stable, 6 % for 22 days
⭐ topearn Posted September 24, 2008 Author Report Posted September 24, 2008 woah! that is some seriously low rated currency I need a loaf of bread, here is 100 billion dollars, that should cover it. keep the change Sorry, Sir. 100 billion can still buy a loaf of bread 2 months ago. You need 1,000 billion now. Quote Earn 100% Commission!2% daily, solid program !
mcozy Posted September 24, 2008 Report Posted September 24, 2008 woah! that is some seriously low rated currency I need a loaf of bread, here is 100 billion dollars, that should cover it. keep the change Sorry, Sir. 100 billion can still buy a loaf of bread 2 months ago. You need 1,000 billion now. I guess you're right. I'll stick with good ole USD B) Quote PROJECTSURF-JOIN NOW! Revenue-invest,Very Stable, 6 % for 22 days
zivloni Posted October 9, 2008 Report Posted October 9, 2008 Yeah lol thanks for the Info :lol: Quote
sowingwealth Posted October 9, 2008 Report Posted October 9, 2008 I'm not sure about that...??? Quote William 'SowingWealth' BeverlyReaping Life LLC.www.WilliamBeverly.comIt's a Movement...What is there to say no to?"Life Happens Through You Not To You."(Follow Me)
⭐ topearn Posted October 10, 2008 Author Report Posted October 10, 2008 I'm not sure about that...??? U mean you are doubting the info posted above ? Quote Earn 100% Commission!2% daily, solid program !
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