Tag Archives: Zimbabwe

Bailout bill

By m3t00 | Published: 09-04-07
The Zimbabwean (.co.uk, “a voice for the voiceless”), which offers among other things “daily cholera updates and alerts,” writes: One of the most eloquent symbols of Zimbabwe’s collapse is the Z$100 trillion dollar note, a symptom of their world record inflation. This note cannot buy anything, not even a loaf of bread and certainly not [...]
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I Promise to pay the bearer on demand

By m3t00 | Published: 09-03-31
Zimbabwean billion-dollar note: A Zimbabwean one hundred billion dollar “special agro check” is going for US$0.99 on Fleabay. See also: “What’s a few zeroes between friends?,” “Currency design software,” “Like printing money.” (dibbell)
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What’s a few zeroes between friends?

By m3t00 | Published: 09-02-01
Zimbabwe’s acting finance minister Patrick Chinamasa, commenting on what used to be called “dollarization,” the declaration that foreign currencies are legal tender: “[I]t requires a paradigm shift in terms of acknowledging the reality that we cannot eat what we do not have.” Independent Online (.za) offers some context: The budget’s estimates of state expenditure were [...]
Posted in economics, government, law, money, trend | Also tagged , , | 2 Comments