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Bilifuduo (98.41)

Zimbabwe Criticizes the U.S. on Inflation

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December 03, 2011 – Comments (2)

No, this is not an article from The Onion. 

 

http://www.cnbc.com/id/45523609?

 

The U.S. dollar is labeled as inflationary and its stability is questioned by Zimbabwe's Reserve Bank Governor Gideon Gono.

 

Obviously, Gideon Gono is in a perfect position to criticize Bernanke on inflation; after all, which other central banker can boast he/she is responsible for 231,000,000% inflation and the subsequent collapse of his/her country's currency?

 

Let me end with a photo of Zimbabwe's 100 Trillion Dollar bill. 

 

http://twittface.net/wp-content/uploads/2010/12/zimbabwe_100_trillion_dollar_bill1.jpg 

 

 

2 Comments – Post Your Own

#1) On December 03, 2011 at 11:11 AM, kdakota630 (29.76) wrote:

I want to buy a few of those $100 trillion bills just for the novelty of it.  I just haven't gotten around to it yet.  Perhaps after Christmas (unless someone has remembered to get them for me as a present).

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#2) On December 03, 2011 at 8:40 PM, Bilifuduo (98.41) wrote:

Same here. They're selling for around $5 now on websites such as eBay, probably more than they were ever worth in Zimbabwe. 

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