- NEW!
by HaoieZ on August 17th, 2009
They were bartering all along.
That's hyperinflation for you.
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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?
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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