Saturday, January 10, 2009

Zimbabwe Issues $50 Billion Bill

Don’t laugh.  This could be us in a few years

HARARE, Zimbabwe (CNN)—Zimbabwe’s central bank will introduce a $50 billion note—enough to buy just two loaves of bread—as a way of fighting cash shortages amid spiraling inflation.

 

(3) Comments
Posted by Owen at 1554 hrs
Economy + Foreign Affairs

  1. How far off is this headline for the US?

    Posted by Steve on January 10, 2009 at 1717 hrs


  2. I have an idea.  If we get to that point, let’s make it an even $60 billion note.  Perhaps that will be enough to buy 2 loaves and 2 fishes…then pray it is enough to feed the multitudes.

    Posted by GAMazy on January 10, 2009 at 1723 hrs


  3. Idiots!  They should have issued those BEFORE Christmas!

    Posted by Lance on January 11, 2009 at 1052 hrs


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