January 25th, 2009Zimbabwe Creates 10 Trillion Dollar Bill
Zimbabwe is still undergoing rapid hyperinflation in their country, which shows no signs of abating. Their solution is to continue printing, adding more and more zeros to their currency. Here is an image of their newest 10 trillion dollar bill. It will soon be followed by 20 trillion, 50 trillion and 100 trillion dollar notes later this year.
Newsweek recently did an interview with Gideon Gono, governor of the country’s reserve bank. When probed about our own president Obama, here is what he had to say:
Do you feel optimistic about Barack Obama’s incoming administration? I don’t want anyone to put unnecessary pressure on Obama and hold him to supernatural powers. He’s coming into a situation that is untenable already. By the very same standards, I don’t like anybody saying if President Mugabe was to go tomorrow, the fortunes of Zimbabweans will change for the better, as if he is personally liable for our situation.
January 26th, 2009 at 8:17 pm
I don’t doubt they have a 10 Trillion Dollar bill. But the screenshot in your post is of a 10 _Million_ Dollar bill.
January 26th, 2009 at 11:32 pm
Woops…Wrong picture. But YES, they do have a 10 trillion dollar bill now.
April 2nd, 2009 at 1:09 am
this is stupid. the pics of a ten MILLION dollar bill….
April 2nd, 2009 at 8:38 pm
You are right. When the post was written, the trillion dollar note had been announced but not yet printed. For a picture of the trillion dollar note, look here:
http://www.zimbabwetoday.co.uk/images/2007/12/12/itrill.jpg
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