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Author Topic: Inflation and currency in Zimbabwe  (Read 1161 times)
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KurtS
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« on: October 29, 2008, 02:01:48 AM »

"Pocket change"


Here's an interesting photo essay from this country.
Granted, it's a rather silly site, but worth a view for the photos and captions.  Shocked
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Nighthawk
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« Reply #1 on: October 29, 2008, 05:00:52 AM »

When in Zimbabwe, unless you got a lot of money, don't eat at this place......  Grin


* Zimbabwe Inflation.jpg (80.43 KB, 375x500 - viewed 159 times.)
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KurtS
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« Reply #2 on: October 29, 2008, 07:20:50 AM »

Nighthawk, lol! Amazing...I calculated that to $40.  Cheesy

Btw, I fixed my broken link.
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« Reply #3 on: October 29, 2008, 05:25:49 PM »

Thanks for the link

They do not seem to know wheelbarrows like Weimar did
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« Reply #4 on: October 29, 2008, 08:13:11 PM »

They do not seem to know wheelbarrows like Weimar did

Not yet.
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« Reply #5 on: November 02, 2008, 12:52:24 AM »

This boy can to send one package for us. Cheesy
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Cheesy  I am only young and beginner collector but I am very happy in our castle Cheesy
KurtS
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« Reply #6 on: November 02, 2008, 01:36:19 AM »

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They do not seem to know wheelbarrows like Weimar did

Perhaps they don't have a big enough wheelbarrow of money to even buy that smaller wheelbarrow?  Huh Grin
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« Reply #7 on: November 02, 2008, 05:41:32 PM »

Can somebody find those banknotes ? For example with nominal 1 billion and  more ?
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« Reply #8 on: November 02, 2008, 08:40:23 PM »

Quote
They do not seem to know wheelbarrows like Weimar did

Perhaps they don't have a big enough wheelbarrow of money to even buy that smaller wheelbarrow?  Huh Grin

Yes I keep forgetting
In Germany they knew at least how to make things like wheelbarrows
in Zim they probably only know how to get a family of 15
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« Reply #9 on: November 02, 2008, 11:31:19 PM »

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Can somebody find those banknotes ? For example with nominal 1 billion and  more ?
Erik--yes, I think I've seen those for sale on eBay.  Smiley
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« Reply #10 on: November 03, 2008, 02:13:01 AM »

The basic flaw in Zimbabwe's economy is that Zimbabwe lost its ability to feed itself.

So, if you don't produce enough agriculture commodities the prices and inflation are bound to go up. This is one lesson India had better learn from Zimbabwe, or it will be next.

In that case we are sitting on roses  Grin
Too much milk : too much meat ; too much butter ; too much tomatoes .........
Too many chickens too many pigs ( of the four and two leg variety )
In fact farmers are guaranteed minimum prices and if for instance tomatoes don't reach those price in mid summer they pay the farmers and destroy the tomatoes
On the other hand on the lay aside program farmers were paid NOT to produce grain or corn or whatever .....


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« Reply #11 on: November 03, 2008, 03:58:24 AM »

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Can somebody find those banknotes ? For example with nominal 1 billion and  more ?
Erik--yes, I think I've seen those for sale on eBay.  Smiley
I don´t know to buy from ebay because my parents cannot to pay from card. But I can send some money in letter for somebody.
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« Reply #12 on: November 03, 2008, 09:41:06 PM »

The basic flaw in Zimbabwe's economy is that Zimbabwe lost its ability to feed itself.

So, if you don't produce enough agriculture commodities the prices and inflation are bound to go up. This is one lesson India had better learn from Zimbabwe, or it will be next.


Zimbabwe

what a wonderfull world
you make foreign mines deliver gold to you which you do not pay and buy tractors and tv's and limousines for friends


http://www.mg.co.za/article/2008-11-03-zimbabwe-gold-mines-face-collapse
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Where I am going I don't know
All I know is that I'am on my way
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