Showing posts with label mugabe. Show all posts
Showing posts with label mugabe. Show all posts

Wednesday, July 30, 2008

This will buy you a Big Mac...but no fries

Next time someone complains about the 3% inflation rate, tell them to shut the hell up, and remind them that Zimbabwe’s inflation rate is officially listed at 2.2 million percent (2,200,000%)…
Zimbabwe’s bank chief plans new currency reforms _ removing “more zeros” from the plummeting Zimbabwe dollar and raising the limit on cash withdrawals _ to tackle the country’s runaway inflation and cash shortages.

Sunday, July 27, 2008

Mugabe has made all his people Billionaires

A quarter of a trillion dollars will get you a burger, but the fries are extra.
Stop the press: Mugabe is out of Monopoly money
The Sydney Morning Herald says Zimbabwe is about to run out of the paper to print money on.

Thursday, February 21, 2008

How about a cheeseburger for Ten Million?

The new $10 million bill is the equivalent of about $1 at the dominant black market exchange rate, which will buy you a small cheeseburger. According to official statistics (says the BBC), Zimbabwean inflation is now past 100,000%. Recently the government introduced the latest bank note, for Zim $10,000,000. On the black market they are worth about US $1.
So we have Zimbabwe, a land that is approaching its inevitable conclusion. Once it was known as Rhodesia, the Breadbasket of Africa. Then socialists took over and expropriated the white-owned farms that constituted the backbone of the economy.

As everyone knows, socialism works perfectly, if you just put the correct gang of criminals in charge. Naturally, the report leaves out the fact a racist, Communist thug is the reason for all this.