Zimbabwe's $1 Billion Loaf of Bread

(AP) Amid Zimbabwe's mind-boggling hyper inflation, a new 100 billion dollar
bank note has more value as a novelty item on eBay than on the streets of
the capital.

The note, launched this week, is worth enough to buy a loaf of bread - if
you can find one on Zimbabwe's depleted store shelves. Meanwhile on eBay,
the bill was on offer for nearly US$80.

Notes in the millions of dollars are useful only as toilet paper and it's
cheaper to light a fire with low denomination bills than with newspaper.

In the political and economic turmoil since disputed March 29 elections,
prices have risen almost daily. Factories and businesses have shut down amid
empty order books and chronic shortages of gasoline, power, water and spare
parts for equipment repairs.

http://www.cbsnews.com/stories/2008/07/24/world/main4289979.shtml

- - - - -
For a preview of what the US economy will look like after the Liberal
Socialist Democrats, and their Messiah, Barack Hussein Obama, have
implemented their economic plans, read about Zimbabwe and their famous Black
Leaders.  A loaf of bread is a billion dollars.  A average house price has
18 zeros after the first digit.  Their annual inflation rate is 2.2 million
percent.  Remember, about 5 years ago the blacks killed the caucasion owners
and took over the farms and industry, now it is worthless, and produces
little of value.  But it is run entirely by black citizens, that think the
government owes them a living.

Black Power At Work
Obama in 2008, Bankruptcy in 2012


"You will have as much freedom as you are willing to fight for"
John Adams

Posted Via Usenet.com Premium Usenet Newsgroup Services
----------------------------------------------------------
http://www.usenet.com
[ Auf dieses Posting antworten ]