BBC: Zimbabwe abandons its currency
Zimbabweans will be allowed to conduct business in other currencies, alongside the Zimbabwe dollar, in an effort to stem the country's runaway inflation. …
Zimbabwe abandons its currency
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3 responses to “Zimbabwe abandons its currency”
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Evidently the trillion-dollar-bill wasn’t enough to save their inflation problem. I heard that the next step was to introduce scientific notation on the currency. The Z$100 trillion note would have been marked
Z$100*10^12
Though if they’re using the British system it would be
Z$100*10^18
You don’t see numbers of that magnitude outside of astronomical journals.
Another plan would have been to make the value a function of time:
Z$100*Z(date)
where Z is the well-known “Zimbabwe currency function”. The graph looks something like an exponential. -
ahh sheesh .. . where am i supposed to wheel by barrow load to now?
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From what I hear, Zimbabweans went back to the barter system a while back, which is fine for those who still have something to trade…
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