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hyper inflation in zimbabwe.. see d pics....

Sangam

Sangam (CA) (1329 Points)

31 July 2009  

 

Zimbabwean Inflation






This is what it looks like in Zimbabwe. Inflation is at 231,000,000% a year has meant 25 million Zimbabwe dollars equals to just 1 US dollar.



The pictures below look funny, but the story is really sad...



Click here to see more pics of Zimbabwe
Visiting the neighborhood grocery shop!





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Some pocket money!





Click here to see more pics of Zimbabwe
Awesome price tag: A t-shirt or trouser cost 2.765 billion Zimbabwean Dollars





Click here to see more pics of Zimbabwe
This is how people pay in restaurants.





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The bill of course!





Click here to see more pics of Zimbabwe
The 100 billion dollar note in circulation!





Click here to see more pics of Zimbabwe
Zimbabwe's $100 billion banknote with the number of eggs it could purchase on its release date.





They are now releasing a 100 TRILLION banknote... If you want to feel like a trillionaire for a few days, a holiday to Zimbabwe will surely give you that feeling!



ZMD 1 trillion = $33 USD.



In 1980, ZMD was equivalent to British pounds and nowwwww!!!!! !!



This is what we call Hyper Inflation

 



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 5 Replies

Ankur Garg

Ankur Garg (Company Secretary and Compliance Officer)   (114783 Points)
Replied 01 August 2009

Interesting!!!

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CA Himanshu Bansal

CA Himanshu Bansal (Risk Manager) (2345 Points)
Replied 02 August 2009

The Sale of wallets must have fallen to ZERO..LOL

 

Pathetic Economic Conditions in Zimbabwe..

 


Rahim

Rahim (Businessperson) (460 Points)
Replied 02 August 2009

This is old news albiet a sad one :(

But what the heck is United Nations doing about this un-natural problem? Oh I forgot ,they are after oil-rich Arab countries only :)

Robert Mugabe has demolished imbabwe and US of A, who likes to meddle in other countrie's affairs, is not doing anything. DOnt tell me that they dont get this news on CNN.


arunkumar

arunkumar (CA FINAL(NEW)) (59 Points)
Replied 03 August 2009

oh this is really a sad thing to think even. But kids are just like that learning numbers and but kids in other countries need to get grown up to calculate billions and trillions. They need to face the situation but really sorry about zimbabwians


santhosh

santhosh (Student) (1174 Points)
Replied 05 August 2009

Don't  Worry one day our India will also come like this..... Coz our old Finance Ministry Mr.P.Chidamabram only needs high  inflation rate.... Now that continuing same by others.....


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