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Zimbabwe's old quadrillions worth more online and on streets

Discussion in 'Funny Stuff' started by Rye83, Jun 13, 2015.

  1. Rye83

    Rye83 with pastrami Admin Secured Account Highly Rated Poster SC Connoisseur Veteran Army

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    HARARE (Reuters) - On online auction site eBay, a 100 trillion Zimbabwean dollar note is a collector's item fetching up to $35, a small fortune compared with the 40 U.S. cents on offer from the central bank as it seeks to officially bury the worthless currency.
    ........
    Bank accounts with balances of up to 175 quadrillion Zimbabwean dollars - that's 175,000,000,000,000,000 - will be paid $5. Those with higher balances will get a rate of $1 to 35 quadrillion Zimbabwean dollars.

    Read more here...

    How does such currency denominations that high even come to exist in the first place?! Just knock off a couple zeros FFS. Did they just want to feel like they were rich when they read their bank balance?
     
  2. Hans Boot

    Hans Boot DI Member Restricted Account

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    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.....
     
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  3. jimeve

    jimeve DI Forum Luminary Highly Rated Poster Showcase Reviewer Veteran Army

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    Is it true why German written language has the words joined up so few spaces in between the words, is to save space on the paper. like Rindfleischetikettierungsüberwachungsaufgabenübertragungsgesetz :singing:
     
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  4. Jack Peterson

    Jack Peterson DI Forum Luminary Highly Rated Poster SC Connoisseur Veteran Air Force

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    Go on Jim I will ask, Translation Please?

    JP:bag: :pompus:
     
  5. PatO

    PatO DI Forum Luminary Highly Rated Poster Showcase Reviewer Veteran Marines

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    [QUOTE="jimeve Rindfleischetikettierungsüberwachungsaufgabenübertragungsgesetz :singing:[/QUOTE]

    gesundheit
     
  6. jimeve

    jimeve DI Forum Luminary Highly Rated Poster Showcase Reviewer Veteran Army

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    are you ready for this roughly translated
    cattle marking and beef labeling supervision duties delegation law
     
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  7. Jack Peterson

    Jack Peterson DI Forum Luminary Highly Rated Poster SC Connoisseur Veteran Air Force

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    :thumbsup: Hmmmmmmmmmm makes you wonder Eh! and they say English is a hard language to understand.:wink:

    JP :bag: :whistling:
     
  8. Dave199

    Dave199 DI Junior Member

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    In Germanic languages it is generally if it is one thing, then it is one word. True of Afrikaans here.
     
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