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The One Trillion Dollar Note

English: The Obverse of the 2009 Zimbabwe $100...

English: The Obverse of the 2009 Zimbabwe $100 trillion banknote. (Photo credit: Wikipedia)

If you thought it was just the media creating hype about inflation in Zimbabwe, think again. The 1 trillion dollar note is testament to the fact that things can get really bad. Today the trillion dollar note is actually worth something, a search on ebay shows 734 results for 1 Trillion dollar bills, Zimbabwe’s inflation money. The buy now price is $5,35 including free postage. This note couldn’t buy anything yet today it costs $5.34 to buy the note. Back in the hyper inflation days when the inflation rate had soared . So one needed two 1 trillion dollar notes to buy a loaf of bread. When you did find something to buy in the shops, you had to purchase it immediately because if you decided to think about it or shop around, a few minutes later the price would have gone up. This reminds me of Germany after the world war when my history book had a picture of a man puhing a wheelbarrow full of money to go and buy bread. We used to laugh at that picture and imagine how it would have been like to live in Germany during those times.

Today we have all experienced the recession in form or another, but not many of us can say we held a trillion dollar note. Well we can credit, President Mugabe for one thing, he is definitely the only president in our times to create the most trillionaires, 11,6 million of them, that is the whole population. This is not something to be experienced again. Rather carry a two dollar note that is worth something than to  fill a boot with notes that are not worth abything.

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Categories: General
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