Zimbabwe introduces $100 billion banknotes

Written by: Bruce Cat on: Jul 19 2008 Published in: Misc News Tags: , , ,

Everyone will be a billionaire in Zimbabwe this coming Monday, when the country’s troubled bank introduces $100 billion bills to the public. The bills were on the foreign currency dealers market Saturday. Due to ultra high inflation, the $100 billion bills aren’t enough to buy a loaf of bread. They can buy only four oranges. The new banknote is equal to just one U.S. dollar.