Financial fun in Zimbabwe
What a wonderful place to live -- in Mugabe's socialist paradise, everyone is a millionaire.
From
United Press International:
New higher limit Zimbabwe currency issued
The Reserve Bank of Zimbabwe introduced new $200 million and $500 million notes in Harare on Friday.
The RBZ says the new notes should pave way for the increase in withdrawal limits to $500 million a week.
A week ago, the RBZ unveiled $10 million, $50 million and $100 million notes.
Officials say the 500 million Zimbabwean dollar note is worth about $8 in U.S. currency, enough to buy eight loaves of bread, in the southern African country's latest sign of spiraling hyperinflation.
But cut the guy some slack -- he blinked his eyes and got rid of the Cholera Epidemic that is raging there. And to think that Mugabe's rise to power was brokered by non other than
Jimmy Carter who never met a dictator he didn't like.
Posted by DaveH at December 12, 2008 8:06 PM