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365 Comments
- 7catac7, on 07/07/2008, -30/+237***** slideshows.
- Molle7, on 07/06/2008, -3/+182The stamps of the 1920's German inflation are more impressive imo:
http://upload.wikimedia.org/wikipedia/commons/2/2a ... - livefree12, on 07/06/2008, -1/+130sucks for them. 100,000% inflation rate? that's insane.
- KLowD9x, on 07/07/2008, -5/+110From the next slide: "500,000-dong note"
That's a lot of dong! - Ricky81682, on 07/06/2008, -0/+99Nothing compares to the new Zimbabwe Zim with a three-month expiration date.
- freshyill, on 07/07/2008, -6/+98I'm moving to Zimbabwe! Everybody's a billionaire!
- ansecos, on 07/07/2008, -3/+74Mmm... 2.5 million dollar pretzel.
- thetanman, on 07/07/2008, -0/+61My friend's over there right now, he sent this to a bunch of us the other day. (his flickr link: http://flickr.com/photos/tylersharp/) He's crazy.
"Hello to all, I am writing from Zimbabwe while I can, as yesterday they cut the main phone, cell and internet lines country wide, probably to suppress news coverage. I got here two days ago, right during these elections, and they gave me quite a difficult time at customs. They thought that I was a journalist with all of my cameras, and wouldn't let me go through unless I had a letter inviting me to the country, which I obviously did not have. My options were to leave it at customs, in a "locked" safe, or pay a $1500 deposit fee to take it with me. Here is the catch though, when I came to pick up my deposit afterwards, they were to pay me in Zim dollars (which ends up being trillions of dollars). No joke, I have a 5 billion dollar bill in my hand right now, and gazillion is an actual form of currency here. Pretty crazy that I am a gazillionaire here, literally. Impressed ladies? I would be...Anyways, 5 billion dollars is about one dollar here, so I am a $1000 millionaire. Long story short, some of my friends talked the customs guys down to $200, and I got my video camera back. But they have come by the lodge a few times to check on the camera to make sure it is still here and I am not doing guerilla journalism. Little do they know that I have like 4 cameras!!! Hahahah! " - ElTomacco, on 07/07/2008, -6/+66Hehehehehe... Dong.
- Ricky81682, on 07/07/2008, -1/+60Imagine if Mugabe was the US's.
- werries, on 07/07/2008, -1/+55to inform the unknowing, Milliarden is billion in german.
so thats pretty ridiculous inflation.
Germany had some tough times after WWI. - DesignNerd, on 07/07/2008, -1/+52and gets their hands cut off with a machete if they support a presidential candidate that is not in power! HOORAY!
- yuanzhoulu, on 07/07/2008, -1/+44wow, the Zimbabwe note looks like it was printed with Microsoft Word with Impact, Times New Roman, Arial Narrow and Arial Black fonts.
that's really lame for not properly typesetting currency. - KiltedMile, on 07/07/2008, -5/+46Come on people, this was posted on Digg about 3 moths ago and it received 1000+ diggs! Check for duplicates!!!
http://digg.com/odd_stuff/World_s_Most_Worthless_M ... - franklymister, on 07/07/2008, -1/+38Here's a woman burning marks because they were cheaper than firewood: http://en.wikipedia.org/wiki/Image:Inflation-1923. ...
500 Million Mark note, worth about 12 cents at the time:
http://upload.wikimedia.org/wikipedia/en/9/96/1923 ... - HigherLogic, on 07/07/2008, -1/+36So we can feel better about ourselves.
- afx1, on 07/07/2008, -0/+30for the lazy like myself: http://flickr.com/photos/tylersharp/
- T8erT0T, on 07/07/2008, -2/+30True, but it's better than having to rifle through 9 pages just to see the next item while being eye-raped by grandiose ads in the process.
- pubb, on 07/07/2008, -1/+30more info on the zim:
"In January of 2008 the exchange rate was US$1 to Z$1,900,000 (1.9M). On March 1st, it was US$1 to $Z 24 million. Today, just two weeks later it's US$1 to Z$70 million. Arguably, Iraq has a significantly better economy than Zimbabwe as Zim's current inflation rate is in excess of 100,000%. (Some figures point to it being around 164,000%, others closer to 200,000%.)
This Z$100,000 Bearer Cheque is not only two years expired, but were it not, it'd be worth 14/10,000ths of a US dollar, but that worth would last only a few hours."
http://www.hanselman.com/blog/MemoriesOfZimbabweYo ... - IAmSam14, on 07/07/2008, -0/+27....Yes, yes you would. Please do so.
- zadadka, on 07/07/2008, -0/+26He'd have invaded Kenya for their palm oil?
- eouw0o83hf, on 07/07/2008, -0/+24Nope, that would be $sqrt(-1)
- franklymister, on 07/07/2008, -1/+26Trust me, that's one place that would actually be happier to have him than who they've currently got.
- mohsenxp, on 07/07/2008, -9/+32Although Iran's currency is rather weak, the article was incorrect.
In Iran 100 rials is equal to 1 Toman. Just like cents/dollar, pence/pound etc.
50,000 rials is 500tomans which is worth closer to 50cents and not 5dollars. 5,000 Tomans is closer to $5 dollars.
Just thought I'd clear that up. - KnightHawk2277, on 07/07/2008, -2/+25It's a distraction.
- MindStalker, on 07/07/2008, -0/+23No Mugabe is purposefully doing this. Why, nobody knows.
He is printing insane amounts of money to give to people who are friendly to his government so they can buy food, and starve the people who aren't friendly to his government. You know what happens when you government prints insane amounts of money and gives it away right?
I do believe that a decent sized black market exist there using the Euro or something, of course you will get executed if caught doing so. - inactive, on 07/07/2008, -10/+32Why are they comparing the worlds most worthless money to that which is falling in value itself?
- inactive, on 07/07/2008, -0/+21You do realise that the majority of people voted AGAINST Mugabe, right? And you also realise that Mugabe was killing his opponents, right? Right?
- StingingNettle, on 07/07/2008, -1/+18But they have the most gains of all the stock markets. :p Keep inflation in mind when you invest in the Dow and S&P
- Callik, on 07/07/2008, -0/+17If I went and converted some money to Zimbabwe dollars would it be cheating if I crossed off "Become a multi-billionaire" on my to-do list?
- DevilInPgh, on 07/07/2008, -0/+18Uh, try again? The people do NOT want Mugabe, but those who raise their voices soon find their throats slashed and their children eaten (with no apologies to Mike Tyson).
- Ricky81682, on 07/07/2008, -1/+18"Consumer prices have more than doubled every month this year, in some cases doubling every week." But it does look like the German company actually making the bills may be stopping, due to massive protests.
http://online.wsj.com/article/SB121538954014831167 ... - inactive, on 07/07/2008, -1/+16He was being sarcastic, and you don't need Firefox to do that.
- ligyron, on 07/07/2008, -0/+14My brain has developed an auto-ad block. I pretty much unconsciously ignore ads completely and never see them unless they make noises or jump across the screen.
- KnightHawk2277, on 07/07/2008, -3/+17https://addons.mozilla.org/en-US/firefox/addon/186 ...
- SubmittedBai, on 07/07/2008, -2/+16Almost imaginary money!
- arunforce, on 07/07/2008, -0/+13That isn't the US...
That's the Confederate States of America, under a different government. - kickelephant, on 07/07/2008, -0/+13^ Failure
- niradg, on 07/07/2008, -2/+15anything u want!
- sponou2, on 07/07/2008, -3/+15wow, mugabe is an idiot
- KnightHawk2277, on 07/07/2008, -0/+13for like 5 minutes
- merreborn, on 07/07/2008, -0/+12"Still, our governments today are printing money at the same rate if not faster making the matters much worse. The result may very well surpass the Weimar scale denominaiton if our banks are allowed to stay the course."
That's an incredibly extraordinary claim. Can you back it up with any sort of evidence? - warispeace21, on 07/07/2008, -6/+18Could you please link to a larger picture? I can't quite make out the small print.
- Hefelumpman, on 07/07/2008, -0/+12Where is your evidence that the people want Mugabe? Last time I checked, he *lost* an election to his opponent. His militia then attacked, intimidate and killed the supporters of his opponents. His opponent was forced to pull out, and after a second round of voting, Mugabe won a landslide because his militia rounded up people who didn't vote and beat them untl they voted the correct way, i.e. for the tyrant, Robert Mugabe.
- ChileanGoD, on 07/07/2008, -1/+12Am I the only one seeing an ass sticking out sideways on the background of that bill?
- sully213, on 07/07/2008, -0/+12That's what I was expecting to see from the OP.
- winampman2, on 07/07/2008, -0/+11If Mugabe pegged it to the dollar or euro, he'd be piss poor right now. He prints a ton of money, then spends it before the value drops, then prints even more. This is why a government should not have direct control over its banking system. Its too easily abused. In the US, Bush has no control over the Federal Reserve. In Zimbabwe, when Mugabe wants money, they print it. This is also why you see expiration dates on the bills. They're printing more, and by the time the bills expire, they'll probably have to add a zero or two.
Kim Jung Il (North Korea), on the other hand, is a bit more clever. Instead of causing hyperinflation in North Korea, when he wants money, he prints counterfeit US dollars. see http://en.wikipedia.org/wiki/Superdollar - mendax, on 07/07/2008, -0/+11So sad. I visited Zimbabwe 20 years ago or so and I brought back some of their paper money and coins. The largest note circulated was a $20 one... and it actually bought quite a lot. A decent (by American standards) meal would cost you Z$4 easily.
No one should trash Mugabe lightly. At one time Mugabe was hailed by many if not most Zimbabweans as a hero and rightly so. I got a glimpse of him as he was coming out of the Parliament building in Harare one afternoon. There was a crowd of people outside who were genuinely glad to see him. I like to think of him now as a great man who has either let the exercise of power go to his head, has gone insane, or some combination of the two. Unfortunately, this is going to end very badly for him but he's going to take his country with him. - Hefelumpman, on 07/07/2008, -2/+13Everything you want, baby
- inactive, on 07/07/2008, -0/+11Well, if you're comfortable being a mutli-billionaire who can barely afford a meal with his entire life's savings, no, I don't think you would be cheating.
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