Grim/Absurd Zimbabwe News du Jour: The 100 Trillion Dollar Bill

01/16/09  Print This Post Print This Post    2 Comments   Popular   Written by Eva Holland
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We’ve been following Zimbabwe’s increasingly dark economic and political story here on Pulse for some time now, and I’ve got to say, I didn’t think things could keep getting worse indefinitely — they have to hit bottom eventually, right?

But somehow, Mugabe’s regime keeps finding new ways to sink lower.

Take today’s news: forget about the 100 billion dollar note that the country released this summer, because now, there’s a 100 trillion dollar note in town.

Yes, you read that right: One hundred trillion dollars.

The note will be worth roughly $33 USD, and will also be accompanied by 10 trillion, 20 trillion and 50 trillion dollar bills.

What are the chances that it helps to reduce sights like these?

Photo via Joe Jet


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About the Author

Matador ID: deva

Eva Holland is a contributing editor to the Matador Network. She recently celebrated the one-year anniversary of quitting her day job to write and travel full time.

2 Comments... join the discussion!

  • Jon replied on January 16, 2009

    I wonder what the county's annual governmental budget is. In the U.S. we're looking at a federal budget in the trillions, but if a trillion Zimbabwe dollars equals $33, what number does the governmant use, an uber-gazillion-gabillion-mega-heppa-zillion?

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  • Musavengana replied on May 17, 2009

    Those in Mugabe’s Regime should have their Assets seized. these people have been fleecing the country for too long. With these element in Power the Zimbabwe dollar will never stabilize or come back into circulation.

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