Thursday, July 17, 2008

Sorry, Barney, that'll be $100 billion


From the Boston Globe: "Zimbabwe's economy's woes keep adding up"

Despite the recent currency shortage, the Zimbabwe dollar has continued to slide against the US dollar and shopkeepers are increasing their prices steeply. The price of the state-owned Herald newspaper leaped from 200,000 Zimbabwean dollars early this month to 25 billion now. Before the crunch, a beer at a bar in Harare, the capital, cost 15 billion Zimbabwean dollars. At 5 p.m. July 4, it cost 100 billion ($4 at the time) in the same bar.
In their defense, it was a Michelob.

2 comments:

Anonymous said...

Criminee, those bastards are going to use up all the zeros.

Drill here. Drill now.

Dave said...

Comrades!! This merely proves the superiority of Marxist centralized command and control economics. Zimbabwe has more trillionaires than all the rest of the world combined. It has multiple times of billionaires than any country in the world. Even the poorest are millionaires!!

Sen Obama is going to Zimbabwe to ask Sir Bob Mugabe just how he managed this miracle.