- NEW!
by HaoieZ on August 17th, 2009
They were bartering all along.
That's hyperinflation for you.
What is another name for a gain-sharing agreement?
by Answerbag Staff on March 2nd, 2011
| 1 person likes this
Does the federal government have the power to print money?
by Answerbag Staff on July 14th, 2010
| 1 person likes this
What should we use for our monetary system?
by Hooper on February 10th, 2012
| 1 person likes this
What Is the monetary policy rate?
by Answerbag Staff on May 29th, 2010
| 1 person likes this
what is the exchange rate for 1987 through 1989 yugoslavian dinar
by billderieux on December 18th, 2010
| 1 person likes this
You're reading The national currency of Zimbabwe was just discontinued. How will people buy things there? Will they have to go back to bartering?
Your favorite Q&A site is on Facebook! Become a fan to connect with the ever-growing community of Answerbaggers, share your thoughts and find out what Answerbag's up to next!
Comments
They were using scientific notation for it.
Any time you have to lop twelve zeroes off of the new banknotes to revalue the currency, that's just wrong! I mean, their $100-trillion note is only worth $30US; a far cry from the approximately $10Z=$1US of the mid-90s.
"Hyper" is an understatement!
by 8 Jan 2004-10 Dec 2009 on August 17th, 2009