Billion Dollar Dinner

President Robert Mugabe of Zimbabwe, holder of many degrees from prestigious European Universities, figured that his country could really use some extra money. Money really helps to be able to buy things, and it is extra super nice to have a whole lot of it, so you can buy more things. Logically he decided to have extra money printed.

The inflation is officially up to 1.694.000% meaning that a bread in the afternoon costs about 35 times more than it did in the morning. Not that the people of Zimbabwe have to worry about that, because Mugabe’s economic policies have made sure that there is no bread to be bought in the first place.

Any upsides to this sad story? Well, not really, but it comes with interesting receipts:

1 Comment

Marcus HJune 5th, 2008 at 3:41 pm

Germany did this after WWI. It worked well for them. A wheelbarrow of cash for dinner!

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