Michael ([info]ikilled007) wrote,
@ 2008-05-15 14:21:00
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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.


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[info]perich
2008-05-15 12:44 pm UTC (link)
I see no misrepresentation or chicanery here.

Introducing the new 500,000,000 bearer cheque for your convenience

A five-hundred million dollar note is certainly more convenient to carry than 500,000 thousand dollar notes.

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[info]ikilled007
2008-05-15 12:49 pm UTC (link)
Just think how rich you'd be if you had that much money!

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[info]davidkevin
2008-05-15 01:11 pm UTC (link)

In the country of the fiat, the man with gold is king.

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