Archive for January 31st, 2013

31st January
written by DouglasRogers

Lots of talk about this Atlantic post on how Zimbabwe, after paying its civil service, is now down to its last $217. But at least it’s real money. Consider that back in the day – 2008/2009 – US$217 at the official exchange rate – US$1 to Z$ 300 000 000 000 000 – would have fetched you Z$65 100 000 000 000 000. At the black-market rate you can add several more zeroes. Those were the days!

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