Zim introduces Z$500m note

[rpm]

Zimbabwe has introduced a new half billion dollar bank note in a bid to tackle cash shortages fed by rampant inflation, the central bank said on Thursday.

"Introducing the new Z$500 000 000 bearer cheque for your convenience," read a Reserve Bank of Zimbabwe full-page advert in the state daily, The Herald, displaying specimens of the new note.

http://www.fin24.com/articles/default/display_article.aspx?ArticleId=1518-25_2322863

 

[The_Unbeliever]

And there's no crisis?

80% of the population is below the poverty threshold - and they dare say there's no crisis?

 

[eltherza]

I cant help but laugh!

 

[playkiller no.2]

Can I have one so that I can feel like Bill Gates

 

[ernstn]

The notes also come with an expiry date!

 

[Ady]

How can people still vote for Mugabe when they have this type of crap going on. Isn't he passed his sell by date?

 

[Moederloos]

Africa - more millionaires than ever before!
If that is not progress, I do not know what is.

 

[Ady]

Africa - more millionaires than ever before!
If that is not progress, I do not know what is.

Lies, damn lies and statistics

 

[killadoob]

still cheap to wipe your arse with it than buy toilet paper (if you can find toilet paper)

 

[vespax]

500,000,000 and still worthless

 

[The Cosmos]

http://www.fin24.com/articles/default/display_article.aspx?ArticleId=1518-25_2322863

How much is that worth ? Around R10 ?

 

[Pooky]

R10.00 = Z$268,840,364.98

:d

 

[lion_fish]

Africa - more millionaires than ever before!
If that is not progress, I do not know what is.

+1

 

[Keeper]

They should have done this years ago.
Anyone ever heard of the story about them buying a bread with a wheelbarow full of cash?

The reason Zimbabwe is so poor is because they didn't think of printing higher value notes before, and lost so much money by printing millions of notes with no value.

If you keep printing notes where the paper is costing more than the actual value of the notes, youre bound to run out of money.

 

[Just_Ice]

How long till uncle bob decides to remove some more zeros???
Is he stupid? He can remove them but they just come back faster than before!!

 

[The_Unbeliever]

When will this madness stop?