ratbag Posted January 14, 2009 Share Posted January 14, 2009 Yes gang this is a real bank note from Zimbabwe.You know your country is in trouble when your money has a used by date. Link to comment Share on other sites More sharing options...
royboy Posted January 14, 2009 Share Posted January 14, 2009 This is the 100 Billion dollar note that replaced the expired currencies on 1st July and was the largest denomination going around. It's only worth ~US$1. In small print it also expires on 31st December. The government removed several zeros from this currency (13 zeros have been removed since 2005) and was replaced with a dollar in 2009. Heard that now the government has no money to print notes on German note paper so they are printing on normal photocopy paper. Very serious problems there. Link to comment Share on other sites More sharing options...
glennmreid Posted January 14, 2009 Share Posted January 14, 2009 It is a sad state of affairs in Zimbabwe. Inflation around 2.2 million %. That current $10000000 note is only worth $1.09 in our currency today. I read that at one point toilent paper cost $400 per sheet. Never seen currency with an expiry date, just shows that as the value of their dollar goes down, and prices shoot up even more, they are printing higher dollar notes. a few months ago, they introduced a $100 billion note.Today $1 AUD=$9 157 001 ZWD. Very shocking. Link to comment Share on other sites More sharing options...
glennmreid Posted January 14, 2009 Share Posted January 14, 2009 This is the 100 Billion dollar note that replaced the expired currencies on 1st July and was the largest denomination going around. It's only worth ~US$1. In small print it also expires on 31st December. The government removed several zeros from this currency (13 zeros have been removed since 2005) and was replaced with a dollar in 2009. Heard that now the government has no money to print notes on German note paper so they are printing on normal photocopy paper. Very serious problems there. Just read the 100 billion dollar note would only buy 4 oranges. Very sad. Just shows how bad the government is over there. Link to comment Share on other sites More sharing options...
pjbink Posted January 14, 2009 Share Posted January 14, 2009 I saw a photo of a woman in Germany in the 1920's. She was stuffing huge wads of cash into a stove. With the hyper-inflation they were experiencing it was cheaper to burn money than to buy firewood! PS: workers were paid daily rather than at the end of the week so that their wages could keep up with the price increases. Link to comment Share on other sites More sharing options...
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