Friday, January 16, 2009

Zimbabwe: Mugabe's grotesque farce sees introduction of 100 trillion dollar note

Robert Mugabe's grotesque farce has reached new heights with the announcement Zimbabwe will introduce a 100 trillion dollar note.

According to state media, the new bill would have been worth about $US300 at Thursday's exchange rate on the informal market, where most currency trading now takes place.

The Reserve Bank of Zimbabwe is introducing three other notes in trillion-dollar denominations of 10, 20 and 50, Mugabe's media lapdog, the Herald said.
Published by Mike Hitchen, Mike Hitchen Consulting
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