Yes, that plain old paper money says TEN MILLION DOLLARS on it. By cleverly using the US dollar as its monetary standard, Zimbabwe gave itself a leg up on the post-colonial competition back in 1980. Looks like that scheme may have backfired a bit since then. The 'official' exchange rate is now something like $1 USD to $30,000 ZWD. Multiply that figure exponentially for the black-market rate, which is what most people are dealing with over there, what with trade being so well regulated and all. Hooray for FREEDOM!!!
2 comments:
oh, HUH?!
Basically.
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