From reason.com:
Who Wants to Bury a Billionaire?
Jesse Walker | April 8, 2008, 10:00am
You can’t sum up the entire sorry situation in Zimbabwe in just one sentence. But this one goes a long way:
Now the Reserve Bank of Zimbabwe has rewarded the people of Zimbabwe with a new $50 000 000.00 bank note to reduce the number of notes they have to carry around.
This picture might help, too:
The country faces an inflation rate of approximately 200,000 percent. One of the few saving graces: an extensive black market, which allows Zimbabweans access to more stable foreign currencies.
More sources: USA Today, My Zimbabwe Today
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sk-rt.com says:
this is what starving billionaires look like….
Now the Reserve Bank of Zimbabwe has rewarded the people of Zimbabwe with a new $50 000 000.00 bank note to reduce the number of notes they have to carry around….