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-   -   Zimbabwe is paying its citizens $5 for 175,000,000,000,000,000 Zimbabwe dollars (https://gfy.com/showthread.php?t=1168298)

mineistaken 06-12-2015 05:24 AM

Zimbabwe is paying its citizens $5 for 175,000,000,000,000,000 Zimbabwe dollars
 
Zimbabwe's government is paying its citizens $5 for 175 quadrillion Zimbabwe dollars - Business Insider


Zimbabwe's economy fell into a hyperinflationary spell under the leadership of dictator Robert Mugabe, who has been the country's President since 1987. Mugabe's economic policy sent the Zimbabwean economy into a tailspin as he implemented price controls and printed endless amounts of money. He was quoted as saying, "Where money for projects has not been found, we will print it."

nico-t 06-12-2015 06:01 AM

And they say the people in Africa have it so bad... everyone in Zimbabwe is a millionaire! We've been bamboozled by 'fly on kid' commercials!

ContentPimp 06-12-2015 06:32 AM

If you buy ZWD's for 100$ you could heat complete house for 2 winters by just burning that cash:P

klinton 06-12-2015 06:35 AM

just like modern central banks do ? instead of "projects" you may put there "our friends in banks and governments" and it will be truth...
Quote:

Originally Posted by mineistaken (Post 20496658)
He was quoted as saying, "Where money for projects has not been found, we will print it."


yuu.design 06-12-2015 06:36 AM

Quote:

Originally Posted by nico-t (Post 20496681)
And they say the people in Africa have it so bad... everyone in Zimbabwe is a millionaire! We've been bamboozled by 'fly on kid' commercials!

mean guy :P

shake 06-12-2015 07:13 AM

There's gotta be some serious pulp value in all that paper.

Hentaikid 06-12-2015 07:20 AM

Or as novelty items, I'm pretty sure you could make more money selling them to foreigners as a curiosity.

AntonMG 06-12-2015 08:42 AM

What's that in Bitcoin?

ilnjscb 06-12-2015 09:18 AM

"The only white man you can trust is a dead white man."

-Robert Mugabe

Let's watch and see where this ends up

sandman! 06-12-2015 09:31 AM

:1orglaugh:1orglaugh:1orglaugh:1orglaugh

Tom-LifeSelector 06-12-2015 09:40 AM

Finally I could be a millionaire :1orglaugh

SekobA 06-12-2015 10:35 AM

thats mean their economy sucks!!!!!

C H R I S 06-12-2015 02:44 PM

http://upload.wikimedia.org/wikipedi...09_Obverse.jpg


So one hundred trillion dollars is basically worth three rocks

nikki99 06-12-2015 03:04 PM

Quote:

Originally Posted by sandman! (Post 20496877)
:1orglaugh:1orglaugh:1orglaugh:1orglaugh

:1orglaugh:1orglaugh:1orglaugh

mineistaken 06-14-2015 05:02 AM

Quote:

Originally Posted by ilnjscb (Post 20496861)
"The only white man you can trust is a dead white man."

-Robert Mugabe

Let's watch and see where this ends up

:thumbsup

TheSquealer 06-14-2015 10:57 AM

I am just happy that Africa's once most educated and prosperous nation Rhodesia, was finally returned to its rightful place and position as per everyone's wishes. Get out and vote!

ZeroHero 06-14-2015 01:52 PM

finnaly i'm a billioner somewhere :)

mineistaken 06-14-2015 01:59 PM

Quote:

Originally Posted by TheSquealer (Post 20498103)
I am just happy that Africa's once most educated and prosperous nation Rhodesia, was finally returned to its rightful place and position as per everyone's wishes.

Black power!

TheSquealer 06-14-2015 02:57 PM

Quote:

Originally Posted by mineistaken (Post 20498259)
Black power!

I didn't mean it in a racial way, just that for the most part, Mugabe has ran on popular political platforms and policies which have ignored any and all economic reality and driven the country into the ground and he's still doing it roughly 40 years later. I'd expect a good 10 years of chaos before a working state was formed, but they are going on 40 and worse off than they were 30 years ago economically.

SplatterMaster 06-14-2015 03:27 PM

http://www.goldonomic.com/new%20zimkid.jpg

"Headed to the Dollar Store to buy me a toy bitch!"

TheSquealer 06-14-2015 04:15 PM

Quote:

Originally Posted by SplatterMaster (Post 20498295)
http://www.goldonomic.com/new%20zimkid.jpg

"Headed to the Dollar Store to buy me a toy bitch!"

Hopefully the US can bomb them some Freedom soon

DAMNMAN 06-14-2015 04:45 PM

Bitcoin to the rescue!!!!!! Seriously, that's what it is made for.

DBS.US 06-14-2015 04:58 PM

Zimbabwe | eBay

TheSquealer 06-14-2015 05:55 PM

Quote:

Originally Posted by DAMNMAN (Post 20498323)
Bitcoin to the rescue!!!!!! Seriously, that's what it is made for.

How does that work in a nation where someone from the government will show up at your door and shoot you in the face for using bitcoins? What do you think you'll buy in Zimbabwe for bitcoins? Bread? Rice? Gas? Machetes? Chickens?


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