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Old 07-19-2008, 08:51 PM  
Fat Elvis Fat Elvis is offline
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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.
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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.
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Old 07-19-2008, 08:57 PM   #2
Count Zarth Count Zarth is offline
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Old 07-19-2008, 08:59 PM   #3
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Old 07-19-2008, 09:04 PM   #4
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Old 07-19-2008, 09:07 PM   #5
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Old 07-19-2008, 09:09 PM   #6
DaFace DaFace is offline
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You'd think at some point it would make more sense to introduce some sort of new currency rather than deal with such insane bills.
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Old 07-19-2008, 09:20 PM   #7
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I'd probably use it to leave Zimbabwe.
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Old 07-19-2008, 09:21 PM   #8
Count Zarth Count Zarth is offline
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Originally Posted by Rain Man View Post
I'd probably use it to leave Zimbabwe.
Hey, has anyone with a gun asked you, "What do you have for me?"
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Old 07-19-2008, 09:25 PM   #9
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Old 07-19-2008, 09:34 PM   #10
SBK SBK is offline
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Old 07-19-2008, 09:39 PM   #11
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Quote:
Originally Posted by Rain Man View Post
I'd probably use it to leave Zimbabwe.
It's probably worth about a $1.50 US. I'd think you'd need a couple more Billion to bribe the border guards to get out.
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Old 07-19-2008, 09:40 PM   #12
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You'd think at some point it would make more sense to introduce some sort of new currency rather than deal with such insane bills.
No. I want to see a trillion dollar bill!
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Old 07-19-2008, 10:15 PM   #13
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I was unaware Zimbabwe was now under control of the Wiemar Government.
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Old 07-19-2008, 10:17 PM   #14
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Old 07-19-2008, 10:31 PM   #15
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If it were american money? Buy the Chiefs and fire Carl.
Damn,you beat me to it....... other than that i have no freaking idea what i could possibly do with that much money....
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