| Michael ( @ 2008-05-15 14:21:00 |
| Current music: | Orbital - Bath Time |
Infinity: Boundless Concept or Just a Really Big Number?
Zimbabwe introduces half-a-billion dollar note
HARARE (AFP) - Zimbabwe has introduced a new half-a-billion dollar bank note in a bid to tackle cash shortages fed by rampant inflation, the central bank said on Thursday. "Introducing the new 500,000,000 bearer cheque for your convenience," read a Reserve Bank of Zimbabwe full-page advert in the state daily, The Herald, displaying specimens of the new note.
The note, comes into circulation 10 days after the introduction of a quarter-of-a-billion one early this month.
This is the fourth set of high denomination notes to be issued this year, the first being in January when a 10 million dollar note was put into circulation. The next was on April 2 when a 50 million dollar note came into being before the 100 and 250 million dollar notes were introduced on May 2.
Apparently Zimbabwe's [Minister of Finance|Sec of Treasury|whatever the fuck he/they are] studied the same economic theories as Bernanke and Paulson. Well anyway, I thought this was good for a laugh.