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| Money Money Money... Finances, money, investing, saving, getting a job, anything to do with the green stuff that makes the world go around. |
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# 1

2008-07-20, 02:41
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Regular
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Louisville Ky. United States
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100 Billion Dollars
http://news.yahoo.com/s/afp/20080719...n_080719174524
And you thought the US dollar was bad......
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# 2

2008-07-20, 03:01
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Re: 100 Billion Dollars
Yeah I been following the events in Zimbabwe since before the official inflation rate was only 70,000%
Now the official inflation rate is 2.2MILLION! (the world bank and other economic analysts claim its higher)
To put that number in perspective...The country with the SECOND highest inflation rate in the world is Burma (yes I still call it Burma,fuck off) with a modest 37% inflation.
Edit: Also, I have no problems with a leader doing land reforms to aid his own majority. But the white farmers have been on those lands for generations. They obviously know how to farm.
If you ganna take land away from the minority whites, and hand it to poor blacks, for fucks sake, MAKE SURE THEY KNOW HOW TO FARM!
Thats how this whole thing got started. To think This country used to be known as the breadbasket of africa, and had the highest growth rate in the region...
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# 3

2008-07-20, 03:03
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Regular
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Land of the Ires.
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Re: 100 Billion Dollars
In the long run how will they cope? Some form of hyper-mathematics?
OH, and lol at all the people who bought Iraqi Dinar after the liberation. Inflation has practically made it worthless.
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# 4

2008-07-20, 03:14
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Re: 100 Billion Dollars
At this point there really isnt any fix. Even trying to figure out their inflation rate takes some of the smartest mathematicians in the world. Only 20% of the population is employed. And you better believe their meager salary doesnt get adjusted for the super hyper inflation.
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# 5

2008-07-20, 05:31
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Regular
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Omaha NE USA
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Re: 100 Billion Dollars
I think I might just get $5US converted to that. I converted it earlier (saw this on BBC's site), and I would be a fucking multi-trillionare. Granted, it would be in a nigh worthless currency, but I would like to be able to say that.
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# 6

2008-07-20, 05:53
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Re: 100 Billion Dollars
Funny you said that. Cause you COULD go there and live like a king on only what, 50? $100 a month? If that?
anyone know of any Zimbabwe based real estate websites?
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# 7

2008-07-20, 09:15
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Re: 100 Billion Dollars
Quote:
Originally Posted by maskedstranger
Funny you said that. Cause you COULD go there and live like a king on only what, 50? $100 a month? If that?
anyone know of any Zimbabwe based real estate websites?
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No, you can't.
Granted you'll get $18billion for 1USD, a hamburger over there is like $50 billion.
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# 8

2008-07-20, 09:23
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Re: 100 Billion Dollars
Is there anyway to get rich or make some decent money from the Zimbabwe crisis?
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# 9

2008-07-20, 09:30
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Re: 100 Billion Dollars
Quote:
Originally Posted by southernsun
Is there anyway to get rich or make some decent money from the Zimbabwe crisis?
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Just annex a chunk of it and enslave the populace.
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# 10

2008-07-20, 09:32
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Re: 100 Billion Dollars
Quote:
Originally Posted by southernsun
Is there anyway to get rich or make some decent money from the Zimbabwe crisis?
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I doubt it. In fact I would go as far as to say No.
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This thread continued for 3 pages in the real archive, 25 posts total - only page 1 survived here.
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