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The national currency of Zimbabwe was just discontinued. How will people buy things there? Will they have to go back to bartering?

By MarcusCrassus Asked Aug 17 2009 12:36AM
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by HaoieZ on Aug 17, 2009 at 12:57 am Permalink

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They were bartering all along.

That's hyperinflation for you.
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Avatar jerv Aug, 17 2009 at 01:17 AM
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!


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