Thursday, July 24, 2008

What can you buy with 100 Billion?

Buying Diesel per liter in the Philippines - 58 pesos
Buying 1 cup of rice in China - 1 rmb
Buying a pre-owned car in the US - $6,000 US Dollars
Buying an Egg in Zimbabwe - $35 Billion Zimbabwe Dollars!



What can you buy with $100,000,000,000 bill get you in Harare,Zimbabwe?
Surprisingly, 3 EGGS only!

http://img507.imageshack.us/img507/61/expensiveeggzj0.jpg

Zimbabwe began issuing $50,000,000 bank note back in April as inflation rates topped 164,900%.

Their central bank just introduced a higher-value bill. The $100,000,000,000 bill to curb the inflation rates that have sky-rocketed at 2,000,000%

Photo: A vendor arranges eggs on a new 100 billion Zimbabwean dollar note in Harare July 22, 2008. (Philimon Bulawayo/Reuters)

More on Finance and Economy:
A 500 billion Yugoslav dinar banknote circa 1993, the largest nominal value ever officially printed in Yugoslavia, the final result of hyperinflation. Photo courtesy of National Bank of Serbia.
http://upload.wikimedia.org/wikipedia/en/9/97/500000000000_dinars.jpg

0 comments: