Sunday 23 December 2007

Just stop printing money

The Scotsman newspaper has an article stating that Zimbabwe has introduced three new bank notes, a Z$250,000 note, a Z$500,000 note and a Z$750,000 note. But none of them is enough to buy you a single loaf of bread. The article also says that "Officially, Z$750,000 is worth £12.50. But at this week's widely-used parallel exchange rates, it is worth about 8p."

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