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!
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.
Thursday, July 24, 2008
What can you buy with 100 Billion?
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