Dumaguete Info Search


Best Posts in Thread: Zimbabwe's old quadrillions worth more online and on streets

  1. Hans Boot

    Hans Boot DI Member Restricted Account

    Berichten:
    104
    Trofeepunten:
    176
    Ratings:
    +165 / 27

    If a country has an annual inflation rate of 500%, zeros need to be added to banknotes on a weekly basis. Germany had the same issue during WWII. Knocking off zeros is a costly affair - the local Central Bank has a budget of 20 million US $ for this last operation.....
     
    • Like Like x 1
    • Informative Informative x 1