Money What would you do with $100 Billion dollars? - Page 4

Fat Elvis · 07-19-2008, 08:51 PM

Apparently, in Zimbabwe, not a whole heck of a lot.

http://news.yahoo.com/s/afp/20080719...n_080719174524

Zimbabwe introduces 100-billion-dollar note

Sat Jul 19, 1:45 PM 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.
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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.

**petegz28** · 07-21-2008, 10:52 PM

whatever i wanted

joanna521 · 07-21-2008, 11:10 PM

never thought about it

tmax63 · 07-22-2008, 06:59 AM

Fax, if you wrapped them in a trench coat would it be flash freezing???

07-19-2008, 08:51 PM
Fat Elvis Sexiest Athlete Join Date: Apr 2001 Casino cash: $1381925	What would you do with $100 Billion dollars? Apparently, in Zimbabwe, not a whole heck of a lot. http://news.yahoo.com/s/afp/20080719...n_080719174524 Zimbabwe introduces 100-billion-dollar note Sat Jul 19, 1:45 PM 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.
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07-21-2008, 10:52 PM	#46
petegz28 Supporter Join Date: Feb 2005 Location: Olathe, Ks Casino cash: $2674127	whatever i wanted
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07-21-2008, 11:10 PM	#47
joanna521 Banned Join Date: Sep 2007 Casino cash: $10004900	never thought about it
Posts: 46

07-22-2008, 06:59 AM	#48
tmax63 Veteran Join Date: Apr 2007 Location: Colorado Casino cash: $3160400	Fax, if you wrapped them in a trench coat would it be flash freezing??? __________________ An armed member of society is a citizen, an unarmed member is a subject.
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