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

Others 917 views 5 replies

Sangam

1329 Points Joined September 2008

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...

Visiting the neighborhood grocery shop!

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Some pocket money!

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Awesome price tag: A t-shirt or trouser cost 2.765 billion Zimbabwean Dollars

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This is how people pay in restaurants.

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The bill of course!

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The 100 billion dollar note in circulation!

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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

Replies (5)

Ankur Garg

Company Secretary and Compliance Officer

114788 Points Joined January 2009

Interesting!!!

CA Himanshu Bansal

Risk Manager

2345 Points Joined April 2008

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

Pathetic Economic Conditions in Zimbabwe..

Rahim

Businessperson

460 Points Joined January 2008

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

CA FINAL(NEW)

59 Points Joined April 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

Student

1174 Points Joined July 2008

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.....