Inflation? - Coin Community Forum

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Author	Replies: 10 / Views: 1,987
CFO New Member United States 28 Posts	Posted 04/09/2011 10:28 am Can you say inflation? Report this Post to the Staff

Libertad Pillar of the Community Canada 3692 Posts	Posted 04/09/2011 10:37 am Talk about an I.O.U.! Report this Post to the Staff
augsburger Pillar of the Community Germany 1064 Posts	Posted 04/09/2011 11:15 am Wasn't that the small note? Didn't they get up to something like one hundrend billion trillion quadrillion and whatevercomesnextilllion? Zimbabwe must have had the highest nubered note in history! Report this Post to the Staff
ikandiggit Pillar of the Community Canada 1166 Posts	Posted 04/09/2011 4:50 pm Report this Post to the Staff
rachums107 Pillar of the Community United States 3345 Posts	Posted 04/09/2011 5:41 pm Wow. Some country needs reform. I wonder how much a soda costs? Report this Post to the Staff
ikandiggit Pillar of the Community Canada 1166 Posts	Posted 04/09/2011 6:04 pm I don't know.....here....you do the math... Edited by ikandiggit 04/09/2011 6:05 pm Report this Post to the Staff
CFO New Member United States 28 Posts	Posted 04/09/2011 6:49 pm I think they pretty much abandoned their money and allow whatever people want to pay with and accept...the purest of money. Report this Post to the Staff
zeewool Pillar of the Community 3660 Posts	Posted 04/10/2011 12:06 am Is this better? Report this Post to the Staff
wd1040 Pillar of the Community United States 3098 Posts	Posted 04/10/2011 12:33 am 2 Kilograms for $60? It's cheaper to buy real than print fake(to use in films :D) Report this Post to the Staff
chrisild Pillar of the Community Germany 1238 Posts	Posted 04/10/2011 1:26 pm Those Zimdollar notes sure are interesting as collectibles. But those zeros can be deceiving. The dollar introduced in 2006 ("version 2" so to say) was equal to 1,000 old dollars. Two years later, a new dollar ("version 3") came, and ten zeros were cut off. In February 2009 the dollar "version 4" was introduced, cutting off another twelve zeros. And then, two years ago (in April 2009), the government allowed the use of other currencies, mostly the South African rand and the US dollar (provided you have that kind of money, e.g. get paid in USD or have family in SA). Since that time, the Zimbabwe dollar has basically been dead. Christian Report this Post to the Staff
hawk1969 Valued Member United States 82 Posts	Posted 04/17/2011 12:47 am I just read an interesting article about Hyperinflation in Zimbabwe. They claimed a 100 trillion dollars couldn't get you a loaf of bread. The daily inflation rate was a 100% Report this Post to the Staff
	Replies: 10 / Views: 1,987

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