If you think that the current economic crisis is something that has never happened in history before, you may be wrong! After the collapse of the agriculture sector in Zimbabwe in 2000, the inflation in that country skyrocketed to 231 million percent a year! Just think about it - 231 000 000%! Unemployment went up to 80% and a third of country’s population left it.
Let`s now have a look at the photos that you may not be able to see anywhere else in the world.
Here is a boy getting change in 200 000 dollar notes!
One 200 000 dollar note equals less than $0.10 cents.
December 22nd, a new note of 500 000 dollars introduced to the market!
Next - 750 000 dollars.
January - new note of 10 million dollars.
This US $10 dollar note is 10 times worth more than the 10 million dollars Zimbabwe note.
A case worth 65 billion Zimbabwe dollars which equals to $2000 US dollars.
This guy is going to a supermarket. The exchange rate is 25 million Zimbabwe dollars for 1 US dollar.
This mountain of cash is worth $100.
50 Million note is then introduced!
Next is 250 million dollars note!
Sorry, how much is this t-shirt?
- It`s cheap, only about 3 billion dollars!
May - a note of 500 million dollars is introduced!
June - note worth 25 and 50 billion are printed.
And finally - 100 billion dollars note!
What can you buy for it? Well, these 3 eggs for example.
Thats how people went to restaurants!
And the bills:
In August, the government devalued Zimbabwe dollar by removing 10 zeros from notes.
However, inflation kept going up and in September for this amount of cash you could only buy 4 tomatoes.
And for this - some bread.
And then it started again: 20 000 dollars note in September.
50 000 a couple of weeks ago!
They`ve got a pretty good chance of hitting billion dollar notes again by the end of this year!
October 25th, 2008 at 10:28 am
Government price controls and policies have failed.
October 25th, 2008 at 10:45 am
fighting inflation by removing 10 zero’s
priceless
October 25th, 2008 at 10:47 am
This is Sparta^^
October 25th, 2008 at 12:01 pm
intense.
October 25th, 2008 at 12:50 pm
whiskey
tango
foxtrot
October 25th, 2008 at 12:55 pm
[...] of the agriculture sector in Zimbabwe in 2000, the inflation in that country skyrocketed to 231 million percent a [...]
October 25th, 2008 at 1:25 pm
Inflation is funny!
October 25th, 2008 at 1:53 pm
All this is because they stole the land and property of the white people in the country (and murdered a lot of them before they fled the country).
October 25th, 2008 at 2:41 pm
Hang on, so they’ve removed 10 zeroes from the notes, and now they’re up to 50,000 already O.o. Isn’t that essentially 500,000,000,000,000 now (5 trillion?)?
October 25th, 2008 at 3:09 pm
Or maybe getting 4 billion dollars worth of loans for a country with a DP under 3 billion is a bad idea, especially when you try to pay off that debt by simply printing more money instead of cutting services.
October 25th, 2008 at 3:35 pm
This is a really interesting collection.
Provides a clear idea abt the effects of inflation in common language.
Thanks.
October 25th, 2008 at 3:36 pm
Forgot to tell, you are on Reddit !
October 25th, 2008 at 4:00 pm
@spork:
Actually thats 5*10^14, a trillion is 10^12
…. So, thats 500 trillion XD
October 25th, 2008 at 4:36 pm
[...] now this is what inflation is all about [...]
October 25th, 2008 at 4:43 pm
I like the last two notes. Their fonts are RockBand fonts.
October 25th, 2008 at 4:54 pm
This is what Obama will do to America if he gets in.
Get out on election day and make sure that it does not happen.
The cities will burn when that Marxist loses, but good riddance in most cases.
Keep this from happening to America.
October 25th, 2008 at 5:13 pm
@vegetarian
Another silly partisan Interwebber making silly, unbased and unsupportable claims.
-100 Internets.
October 25th, 2008 at 5:21 pm
[...] What the real crisis is like | The Fun Stuff [...]
October 25th, 2008 at 5:33 pm
Would hate to be a cashier in Zimbabwe.
October 25th, 2008 at 5:45 pm
ALL THE PICTURES YOU’VE JUST SEEN ALONG WITH ALL THE PREVIOUS COMMENTS HAVE OBVIOUSLY BEEN PHOTOSHOPPED.
October 25th, 2008 at 6:40 pm
re: Robert Frost “…obviously been photoshopped.”
No they haven’t. The Zimababwe inflation has been all over the news for the last year. Do a google on it.
October 25th, 2008 at 7:24 pm
I want to move from Europe to Zimbabwe. Everyone is a millionaire there.
October 25th, 2008 at 7:30 pm
Lighting one’s cigar with a 100 billion dollar note feels GOOD. And it’s cheaper than using a match!
October 25th, 2008 at 8:20 pm
[...] The Fun Stuff has a detailed photo blog of the ever changing value of the Zimbabwe dollar. I like this one of a little boy with millions of dollars that are worth, essentially, nothing. [...]
October 25th, 2008 at 9:19 pm
[...] inflation looks like - PICS! http://humorland.wordmess.net/200810…risis-is-like/ [...]
October 25th, 2008 at 9:34 pm
That’s nuffin… wait until I be president of da U. S. of A. I is gonna give my hommies lotz of da cash so dey can sit out front and sip 40s all day, stoppin only to knock up a ho or two. I will getz dat cash from workin whities!
–Oh Bama Lama Ding Dong / And my cracka VP 08
October 25th, 2008 at 10:54 pm
[...] http://humorland.wordmess.net/20081025/what-the-real-crisis-is-like/ [...]
October 25th, 2008 at 11:43 pm
[...] I. Want. YOU. You’re wrong, THIS is what the WTF reddit was created for. Back in the day [Pic] What the real crisis is like! (Zimbabwe crisis in pictures) Stolen Election: 11,000 mail in ballots go missing in Denver. Russian historian Boris Borisov asks [...]
October 26th, 2008 at 12:16 am
I don’t understand why anyone in Zimbabwe would accept their cash in exchange for anything. I wouldn’t be surprised if it is, or if it becomes, almost entirely a barter economy in the near future. Hopefully they can build back up.
October 26th, 2008 at 3:19 am
If you could borrow $2000 US (in their current rate of currency at 450590 per dollar, that is roughly 1 billion of their dollars, you simply wait a few months and then pay it off at a lot cheaper a price because the loan would be worth a certain amount and your US cash is worth a lot more… Problem would be finding a bank where you could borrow the money, because I doubt many banks even deal in their currency.
October 26th, 2008 at 4:57 am
[...] Billetes con valores astronomicos hasta que se ha llegado al extremo de tener que cargar con ellos como si papel para reciclar se tratase. La crisis económica ha obligado a crear cada vez billetes con más valor para de pronto volver a eliminar todos los ceros a la derecha. Solo en papel el Banco Central de Zimbabwe ya se ha tenido que gastar más de lo que tiene. [...]
October 26th, 2008 at 6:38 am
[...] particular misconception, here’s a pictorial whistle-stop tour of what’s going on in Zimbabwe: What the real crisis is like. And here’s a taster or [...]
October 26th, 2008 at 6:56 am
Note: these people are smiling. Lesson: You can inflate the dollar to infinity, but you can never deflate the human spirit. We *are* the value.
October 26th, 2008 at 7:41 am
Seems funny to a lot of people, but this situation is grave - a whole nation’s future is in jeopardy - it seems to have gone into a infinite spiral of economic doom. I pray the situation gets better.
October 26th, 2008 at 7:47 am
the macroeconomic expression of the scarcity principle… There’s only so much to go around (buying power)….
and the endearing philosphy of the western world…. ‘we’re gonna need to have way too much more than everyone else, and it doedsnt matter how that comes about…
Fuck the IMF, fuck the UN, and fuck the greedy capitalistic principle living inside all of us that sits idle while we have so much and let everyone else starve
October 26th, 2008 at 8:15 am
Brazil was like that 20 years ago… having to cut zeroes out of the currency and rename it every few months. They tried a lot of crazy magical/popular economic solutions back then and (obviously) nothing worked; you cannot plan the economy based on immediate population satisfaction or what seems to be the more popular solution. Seems like Zimbabwe is down the same route; a government running for their own interests only. Around here, it was just when a team of serious economists took over the task and built a real roadmap for the hyperinflation solution - one with no shortcuts, with no “instantaneous” or “magical” solutions - that we were able to break out of that vicious cycle. The transition took time, but it worked marvelously. Nowadays, I can barely remember that time - it seems like it was ages ago, no more than a weird dream. Things were so much worse back then… it’s easy to take that for granted.
October 26th, 2008 at 9:05 am
You know it bad when they start printing expiration dates on your money. Better close that savings account, the monthly fees will eat you up.
October 26th, 2008 at 9:52 am
[...] It could be worse… [...]
October 26th, 2008 at 10:06 am
I heard this on NPR last week and I felt so sorry for the people. We think our economy is going thru tumultous times, but at least all of us are still able to put food on our table for our family - forget about Xmas shopping, buying the next big car etc. They were interviewing dads who were saying that they are all going to die because there is absolutely no food out there. Very, very sad.
October 26th, 2008 at 10:39 am
[...] Read more… [...]
October 26th, 2008 at 10:44 am
laff all ya want , elect obama and youll see it here. im no racist , just an observer. every nation that has dissolved its white rule to be given back to blacks has had the same economic capitulation. no honor among thieves, i guess, idi amin , rule by abject terror, tribalism. my question now is how long has it taken them to rise out of it? assuming ,of course, any actually have
October 26th, 2008 at 11:51 am
hei u have shown the ppeople who r buying with lots lots of money what about the sellers where they are storing this much amounts
October 26th, 2008 at 12:01 pm
This is MADNESS~… Wkakakaka~…
October 26th, 2008 at 12:08 pm
Hmm… Don’t forget to Recycle!
x3 I feel like bringing a planeload of that money to U.S. and getting more money from the paper than the actual note…
October 26th, 2008 at 12:11 pm
[...] Inflation of the Zimbabwe Dollar - INCREDIBLE! What the real crisis is like! | The Fun Stuff [...]
October 26th, 2008 at 12:13 pm
[...] Visto en The Fun Stuff. [...]
October 26th, 2008 at 2:15 pm
It’s because the Zimbabwean government keeps printing money to pay off its enormous national debt. 100 trillion ZWD in debt is a lot easier to pay off when you make it so that 1 trillion ZWD is equal to a few dollars (even if the average person’s bank account is ruined because of it). Fiat currency at work.
October 26th, 2008 at 4:49 pm
[...] After the collapse of the agriculture sector in Zimbabwe in 2000, the inflation in that country skyr… [...]
October 26th, 2008 at 5:19 pm
[...] Fleire sedlar frå Zimbabwe. [...]
October 26th, 2008 at 5:33 pm
Why do not you stop insisting on sanctions against folks in Zimbabwe and reach out to them instead?
Due to the Internet people can get ideas and education and are not stupid anymore. It is not 50s, and even not 70s.
Get over it.
October 26th, 2008 at 9:22 pm
Time to change financial system
October 26th, 2008 at 10:58 pm
[...] story of hyperinflation, told through [...]
October 26th, 2008 at 11:55 pm
[...] The Fun Stuff [...]
October 27th, 2008 at 12:51 am
National injustice is the surest road to national downfall. The state machinery albeit ruling party is a bunch of thieves writ large.Henry Hazlitt in his book Eonomics in One Lesson -”The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.” Can someone pass on this msg to Robert Mugabe an Gideon Gono.
October 27th, 2008 at 1:05 am
revo의 생각…
지금의 경제위기에 놀란다면 보시라. 짐바브웨의 하이퍼인플레이션…
October 27th, 2008 at 9:15 am
There is in Zibwabwe any Leszek Balcerowicz, master of hiperinflation?
October 27th, 2008 at 9:45 am
[...] week Wrath of the Lich King - [spectacular video intro] Top Ten Astronomy Pictures - [space] What hyperinflation looks like (Zimbabwe) - [unreal] A Robot Made From Disposable Razors - [geek video] World’s Wackiest Pet Furniture - [...]
October 27th, 2008 at 2:01 pm
Well someone have to pay the rent!
http://www.e-novine.com/foto.php?id=84&rbr=189&idrf=15225
October 27th, 2008 at 2:36 pm
But Swift Johnson:
By getting rid of the capitalists/farmers and their efforts to develop their businesses, they destroyed their farms (which are businesses), most of their other businesses, and were left with no tax revenues. Thus, the government printed money like mad to make up for its shortfalls, beginning the ugly cycle.
Capitalism isn’t the problem in this situation. It creates wealth and jobs and stability. That is its nature. When the system is jacked with or destroyed, well, that is a problem.
October 27th, 2008 at 3:33 pm
[...] Link:http://humorland.wordmess.net/20081025/what-the-real-crisis-is-like/ [...]
October 27th, 2008 at 5:01 pm
A minor note: “$0.10 cents” doesn’t really make sense.
Either you mean $0.10 (one-tenth of a dollar) or $0.001 (one-tenth of a cent, aka 0.1cents). You can’t have both cents and dollars specified at the same time.
October 27th, 2008 at 5:11 pm
fail!!
October 27th, 2008 at 5:33 pm
[...] October 28, 2008 by fecdiarist Wordmess has a very interesting photo essay on the hyperinflation in Zimbabwe. [...]
October 27th, 2008 at 8:00 pm
[...] Veja mais fotos e a uma cronologia das notas que foram lançadas conforme a inflação vai corroendo a moeda. Link [...]
October 28th, 2008 at 1:23 am
[...] HumorLand (not as funny as it [...]
October 28th, 2008 at 7:06 am
I’m a Zimbabwean living in the capital Harare. What you see above is true stuff. Yes we really removed 10 zeros in August this year. Not only that we had removed 6 zeros in August 2006. So that makes it a total of 16 zeros. Currently our biggest denomination is Z$50,000.00. Had we not removed all those zeros our biggest note would have been Z$500,000,000,000,000,000,000.00 which might have been how much, 500 Quintillion?!! Who knows had it not been for the zero removal spree it might have been more!
I’m sad to say I’m ashamed for my country really ashamed. We have broken records for the wrong reasons. It’s funny to most but to us it’s a pain…
October 28th, 2008 at 11:25 am
ZIMBALLIN
October 28th, 2008 at 1:02 pm
[...] ir al supermercado:
October 28th, 2008 at 1:52 pm
Capitalism isn’t fair, and neither are other financial systems. Perhaps the fairest is the barter system.
Anyway, yes, capitalism, when left to its own devices, is a relatively stable system. But HUMAN NATURE IS WHAT IT IS. Hence, any financial system will never be “left to its own devices.” It will be mucked with.
Money is dehumanizing.
October 28th, 2008 at 2:10 pm
[...] This was passed along from a friend of mine. His family knows this woman (photos from here): [...]
October 28th, 2008 at 3:03 pm
Now is the time to obtain a home loan in Zimbabwe Dollars. You buy a house and when the time comes to make the first payment (after two months), you make a payoff for the total, because the inflation, by that time, would have liquified your debt…The only problem is to find a bank dumb enough to lend money in Zimbabwe Dollars….
October 28th, 2008 at 4:06 pm
[...] dan mid-sized bleken. Fotos des Tages - Echte Crisis28-10-2008 om 22:09 door Carlos Zo ziet een échte financiële crisis eruit…. Foto’s, geldinflatie, kredietcrisis, Zimbabwe Terug naar het [...]
October 28th, 2008 at 7:38 pm
[...] Los invito a ver la galería de fotos y la historia completa a través de este enlace. [...]
October 29th, 2008 at 2:03 am
And to think this whole mess can be explained by the movie “Animal House”
See how at:
http://watchingmarcitz.wordpress.com/the-financial-bailout-according-to-animal-house/
October 29th, 2008 at 2:05 am
Actually see part 1 here:
October 29th, 2008 at 4:53 am
If they would get off their lazy asses and actually WORK instead of just printing up more money this wouldn’t happen.
October 29th, 2008 at 5:42 am
haha miket…
u really do not know much about life! u are still on the safe ground, as i see.
we, everybody white, in europe, have enormous inflation not long time ago.
our asses works more than 16 h every day.
October 29th, 2008 at 6:35 am
Your asses sit under a TREE all day. Us white Europeans have been there and watched you.
October 29th, 2008 at 8:09 am
Show me an organization,town, city or country run by black people that isnt corrupt. That is their culture.
October 29th, 2008 at 9:42 am
As always, this must be the fault of the US. It always is. And stupid people will always believe it.
October 29th, 2008 at 10:31 am
This is amazing. I wander if they had a trillion note - with a speed our gov is handing out right now they may as well print a trillion dollar one.
Cheers,
Amar
October 29th, 2008 at 10:39 am
[...] Inflaci
October 29th, 2008 at 4:08 pm
Oh my gosh…that’s really sad and funny at the same time.
October 29th, 2008 at 5:53 pm
Isn’t socialism wonderful?
October 29th, 2008 at 9:00 pm
[...] tells banks to start using that money on homes Home prices still falling amid gloomy forecast What the real crisis is like Evil Wall Street Exports Boomed With `Fools’ Born to Buy Debt Another plunge in home prices [...]
October 30th, 2008 at 1:20 am
Basically they are printing “annual currency”. A new dollar - a new picture -a new year. They need a barter-type non-currency system (e.g. 1bundle of wheat=3eggs… or…1week of work=1live chicken). imho
October 30th, 2008 at 4:38 am
[...] retirada daqui (via Incentives [...]
October 30th, 2008 at 4:59 am
The stronger the political centre, the more pervasive the level of incompetence.
See what happens when a country is taken over by leaders who know nothing about economics. JFK, LBJ, Nixon, Ford, Carter, Reagan, Bush I, Clinton, Bush II, Clinton II, Obama, McCain, etc….
Ron Paul is the only candidate who knew anything about economics. And the media made sure he got minimal treatment because the corporate sponsors want to keep the borrowing in place so that all the position holders can keep living well whilst creating nothing to society.
In the US, the UK, Spain, and many other countries, structural reform is not possible - the idiot complex is in charge and support is given to clueless showmen like Show-Bama.
October 30th, 2008 at 5:11 am
Can we have a more politically correct interpretation of events ? I mean what about the feminist perspective ? Are the giraffes on the currency representative of the various sexual orientations ? And how many currency notes does it take to pay for a lazy useless feminist academic in a job in a posh university in Zimbabwe ? What about the planet ? Are the newspapers able to voice concern over the fact that Sarah Palin might become President of the United States, and that she might tell feminists to start behaving like real women instead of masters of absurdity ? Perish the thought, that such critical concerns are not relevant in the ordinary lives of the inhabitants !! Where is the sexual revolution ? Where are the young women and their contraceptives and their liberation revolution and their pop music ? Where is the fashion industry to express the importance of triviality in everyday life ? What about celebrations for the Marxist achievements of the regime ? What about university studies to extrapolate the new dimensions to living in such as profoundly expressive and stimulating society ? What about celebrations of the pride that has been recovered from colonialism - and the fact that male domination is positively circumcised ?
October 30th, 2008 at 7:34 am
There is nothing funny about anyhting going on in Zimbabwe. Talk politics, talk economics…. What’s happening there is absolutely surreal.
October 30th, 2008 at 10:31 am
jogleason (guest) Yesterday: 8:09 am. “Show me an organization,town, city or country run by black people that isnt corrupt. That is their culture.”
Right. ‘Cos there’s no corruption in the US or Europe is there? Oh wait, yes there is.
The American Government just robbed the US taxpayers of 850 billion dollars and gave all that money to their buddies in the banks who are already turning all that loot into fat bonuses for their top boys. Think of all the schools, hospitals, they could have built with that.
The same is happening all across Europe.
Western Governments are the kings of corruption. They just rely on a population of morons to not notice, that’s all.
October 30th, 2008 at 2:11 pm
[...] (guest) Yesterday: 5:42 am haha miket… u really do not know much about life! u are still on the safe ground, as i see. we, [...]
October 30th, 2008 at 2:11 pm
[...] What the real crisis is like! | The Fun Stuff __________________
October 30th, 2008 at 4:59 pm
[...] BILLONES de dolares (un billón de dolares para nosotros). 1 seguido de 9 ceros. Os recomiendo la página fuente donde hay más imágenes de gente pagando la cuenta del restaurante con fardos de [...]
October 30th, 2008 at 5:01 pm
yes MikeT . we are under the tree, u are still / and people who thinking like u/ on the tree.
October 30th, 2008 at 5:47 pm
[...] sobre o assunto: “What the real crisis is like” Tags: Crise, Economia, Zimbábue You can follow any responses to this entry through the RSS 2.0 [...]
October 30th, 2008 at 6:45 pm
[...] “What the real crisis is like!” başlığı altında ekonomik krizi resmen “fotoğraflamış“. Görüntülere bakınca, “kriz”in ne anlama geldiğini daha rahat bir şekilde [...]
October 30th, 2008 at 10:50 pm
[...] Originally Posted by moeee Perhaps it already has in Zimbabwe. here are some recent photos from Zimbabwe What the real crisis is like! | The Fun Stuff [...]
October 31st, 2008 at 1:17 am
Friday, October 31, 2008
1 US Dollar = 555.308 Zimbabwe Dollar
1 Zimbabwe Dollar (ZWD) = 0.001801 US Dollar (USD)
Median price = 555.272 / 555.308 (bid/ask)
Minimum price = 546.420 / 546.450
Maximum price = 561.900 / 561.930
October 31st, 2008 at 2:33 am
[...] Bilderauswahl 2 Share this Diese Icons verlinken auf Bookmark Dienste bei denen Nutzer neue Inhalte finden und mit anderen teilen können. [...]
October 31st, 2008 at 2:52 am
At least this generation of zimbabwean kids will grow up to be good at math…
October 31st, 2008 at 5:25 am
[...] huvitavaid pilte vaata siit: what the real crisis is like Varia ehk segased [...]
October 31st, 2008 at 8:30 am
The funniest thing is that someone can buy a premium car for 10$ in Zimbabwe.Members of the party who have access to American dollars at the official exchange rate buy dollars at a discount(compared with the real value of the currency which is of course falling fast) and then convert these to Z $ at the black market.Then they pocket the diffrence.But they have to spent the money fast to buy imported luxuries as this worthless paper loses its value so quickly.This world is so cruel.
October 31st, 2008 at 2:34 pm
rakı denen meret merdi susturur puştu coşturur ! kabilesini siktiminin negroları başınızda recep ampül erdoğan olsa ne yaraq yerdiniz… ayşegülÜÜÜÜÜm kralsın … :w
October 31st, 2008 at 3:17 pm
Very sad… It was the same in Germany on the 30’s and on Brazil during the 80’s when I grew up. At least you get to learn the decimal system very well!
If Bernanke keeps pumping money into the system, the US can go through this on a not so distant future. Until one day people have enough of having 20% inflation and kick him out. What admires me, though, is how far can a country can keep running under inflationary currency. They will mask the indices (they already do), academics and Phds in economics will claim that ‘loose credit’ (the other side of the coin for inflation) it is the best thing to do given economic conditions, and so on. They even get to regulate usage of foreign currency and gold, making it illegal to hold it, creating the crime of ‘hoarding’ and ‘evasion of reserves’.
As it turns out, an inflationary system benefits the connected and the financial savvy quite a lot, at the expense of the poorest.So the members of the public clever enough to see what’s going on would join it, rather than fight against it. It is a perverse system.
October 31st, 2008 at 5:30 pm
I want to start a business printing Zimbabwan bank notes!
November 1st, 2008 at 9:23 am
In addition to the above iwould like to tell you the following (I dont know if you are aware of it)
i)in 1980 in Zimbabwe US$1 was equal to ZW$1
ii)in August 2006 there were 3 zeros removed from the Zim currency, that means that there are now 13 zeros removed in total.
iii)our banks have a “maximum withdrawal limit”, the limit is about enough to buy two loaves of bread (imagine if you need to buy household goods or do your weekly shopping)
iv)the pics shown above are not photoshopped, if anyone is that interested I can point you to where you can see these pics and more
v)people have now been reduced to eating wild roots and even dog meat (food is being used as a political weapon - no zanupf supporters card = no food aid)
v)14 hour a day power cuts - the govt is now going around seeing who has a generator so they can be taxed with the new “generator tax” (or whatever its going to be called)
vi)daily water cuts, you can be lucky to get water for just a few hours a day in the morning - this has lead to people digging open wells in desperation to get water, however this is untreated water, resulting in cholera outbreaks in the country
vi)this is not a laughing matter, Zimbabwe is burning whilst Mugabe is fiddling.
Our leaders do not care because they and their families have access to the almighty US$, which means sending their own kids to the best universities in Australia, Europe and the States, medical treatment in the best facilities in South Africa, holidays in Mauritius, Bali and Hong Kong (whist most Zimababweans havn’t even been to Vic Falls), these guys live in massive mansions, the kind of stuff you see in “MTV Cribbs” or “The Wonderful Life of…” just have a look at some of these houses
http://www.seeff.co.zw/search_results.cfm
the prices are all “ZW$0″ because there’s no point putting prices up when you will have to change them every couple of weeks
Some of you are being flippant with a very serious matter. People are dying.
November 1st, 2008 at 1:54 pm
interesting…
November 2nd, 2008 at 9:58 am
[...] least our current economic crisis does not include hyperinflation. Here’s a fun visual look at hyperinflation in Zimbabwe. Posted in web [...]
November 2nd, 2008 at 11:40 am
[...] folytatás, hát ez durva, nagyon http://humorland.wordmess.net/20081025/what-the-real-crisis-is-like/ « előző | következő » David Nemeth — 2008. 10. 28. [...]
November 2nd, 2008 at 9:13 pm
[...] – não sei porque, lembrei do Tio Patinhas…). Segue um pictorial publicado pelo site Humorland com várias fotos do dia a dia monetário no [...]
November 3rd, 2008 at 3:15 am
“All this is because they stole the land and property of the white people in the country”
Actually jackass, they took back what was stolen from them.
November 3rd, 2008 at 9:07 am
[...] Você tem 100 bilhões de Dollares ? Não, então não vá ao Zimbabwe. Você já viu uma nota de 1o bilhões de dollares ?Pois é ela existe. Trata-se do Dollar de Zimbabwe que está passando pela maior inflação já registrada no mundo: 231 milhões por cento ao ano (231 000 000%). Agora, o que 10 Bilhões de Dollares do Zimbabwe compra ? Apenas 3 ovos de galinha e aproveitem enquanto não sobem os preços. Fonte: Humorland clique aqui para ir no site [...]
November 3rd, 2008 at 12:43 pm
[...] means that one billion dollars in Zimbabwe can get you 3 eggs. No, seriously. And we thought we were experiencing a recession. Posted on 11/3/08 by [...]
November 4th, 2008 at 1:29 am
Money aint everything! but this is just weird!
November 4th, 2008 at 6:54 am
[...] Government debt is out of control. Instead of solving the problem sensibly (by raising taxes and/or reducing spending), the government just prints more money, which leads to inflation, and which may lead to hyperinflation. [...]
November 4th, 2008 at 10:42 am
If Zim had oil, Mad Bob would have already been removed…
November 4th, 2008 at 11:01 am
You idiots … poor people are suffering there. Not even bitches like Romanian politicians (the greatest bitches I ever heard about) can live there …
There is a real crysis, not here in Europe, or US.
November 5th, 2008 at 3:10 pm
[...] http://humorland.wordmess.net/20081025/what-the-real-crisis-is-like/ [...]
November 6th, 2008 at 3:00 am
[...] That’s how a bill would look like if you were to stay at a hotel…It would cost you 1 trillion 200 billion dollars. [VIA] [...]
November 6th, 2008 at 12:13 pm
[...] that, friends, is how it starts. Before the Obamanation comes to pass, a whole lot of people are going to find out that [...]
November 12th, 2008 at 9:28 am
This is happening now in America. The only reason we aren’t seeing the price increases is because we have the reserve currency. Once that ceases (as it will) prices will shoot through the roof. OWN SILVER AND GOLD OR SUFFER THE CONSEQUENCES!
November 14th, 2008 at 6:04 am
No matter how much paper they have, their is nothing to buy anyway……. so sad to see such a beautiful country go bad…
November 15th, 2008 at 11:57 pm
unbelievable!
papers means nothing!
it make me realized, the are more suffered people out there!
November 17th, 2008 at 8:01 am
to understand that this is soon to be the fate of the rest of us….watch this
http://video.google.com/videoplay?docid=7065205277695921912
November 23rd, 2008 at 5:02 am
billionaires are dying in this country, awful !
November 25th, 2008 at 6:42 pm
Can’t they be part of the TARP too?
December 2nd, 2008 at 10:59 pm
I know that most people here in the U.S. probably think this is a funy thing. I just wish that everyone knew just what it is all about. Good post. Maybe more unaware will see it here.
December 5th, 2008 at 3:39 pm
Four excellent documentaries on the problem with creating money out of thin air and how it makes money worthless http://inflationtax.blogspot.com
These Zimbabwe pictures are probably the best example I have ever seen, but the inflation tax videos explain why.
December 6th, 2008 at 10:37 am
Loooool priceless !
xD _O-
December 10th, 2008 at 7:17 pm
Why don’t they just switch to logarithmic notes. Problem solved. Then they only have to add a new zero every year or so!
December 10th, 2008 at 9:20 pm
WTF? How come the boy looks like he is dressed in girls clothing?
December 11th, 2008 at 12:17 am
This is what happens when the government allows a private central bank to control the money supply. This will happen again in other countries, ( US)
December 11th, 2008 at 12:55 am
[...] Link: What the real crisis is like! [...]
December 11th, 2008 at 1:00 am
You think this is what US is facing? Wake up! No way US is going that way. US is too far & away from having a hyperinflation. Now instead, it is facing a serious DEFLATION (negative inflation, if you wish), more or less going the Japan way.
They are printing money alright, but not that extreme. And you just have to look at other countries, is China, for example, not printing money? Is UK, Europe, et. al. not printing money?
December 11th, 2008 at 2:07 am
@Roger: really? And what exactly do you think will happen when the 7.4 trillion of “liquidity” that has already been pumped in works its way through the system?
Yeah yeah, asset deflation first, but eventually, Econ101 reality takes over. “Inflation is always and everywhere a monetary phenomenon.”
Buy some gold.
December 11th, 2008 at 4:41 am
central bankers & dictators take heed: this is the end result of fiat currency & aggressive, effluent government. can only imagine what the division of labor looks like now…who does what to stay alive? how do neighbors & society cope with such destruction? there must be a market currency circulating, I wonder what it is? good luck Zimbabweans! D
December 11th, 2008 at 7:21 am
That’s what happens when you throw off white people from a country: it becomes a niggers country
December 11th, 2008 at 7:29 am
I’m looking for James Taggart, Ayn Rand was right!
December 11th, 2008 at 12:03 pm
The government is wasting more money in manufacturing a note than actually being able to hold it on a value..!!!
December 11th, 2008 at 1:16 pm
There’s simple enough solutions to this kind of problem. Stop printing money. At that kind of inflation, whatever you earn today has to be spent today. And the whole reason behind it is that the government continues to pay its bills by printing money instead of creating sound economic policy.
December 11th, 2008 at 5:24 pm
Now is that inflation or deflation?
December 12th, 2008 at 12:17 am
I say put Zim in Receiver Ship, Put the Yanks in for Security and give the UN 5 years to govern the county back to the way it used to be when I was born 33 years ago. Then Give the counrty back to the people who will be voted for by the people!!!
December 12th, 2008 at 6:35 am
while the president of this country believes he can ‘manufacture money’ as much as he wants, it will stay like these, forever. After all, money is just a peace of paper, and if you don´t give it trust, it will remain just a piece of paper.
December 12th, 2008 at 8:34 pm
If you are really interested in what is going on with our (U.S.) money, watch ‘The Men Behind the Curtain’ here: http://www.youtube.com/watch?v=__YFnUfYXZk
December 13th, 2008 at 11:21 am
Well, we’re nearly there - $500 000 000 notes as of 12 December. Just for interests sake - each inflationary step is driven primarily by the Reserve Bank’s need to purchase hard currency on the open market. A new note is flooded into the currency market the night before it is released to the banks. In this way the Reserve Bank is able to get their hands on a batch of hard currency just before the price jumps.
Even stranger is the phenomenon that cash is worth many multiples of the worth of deposits in the bank. Money in the bank is almost worthless (yes - way, way less than cash!). I can’t actually quote a figure - I mean really worthless (you can withdraw only $500 million a week - no matter how large your balance).
As to the often quoted inflation rate of 231 million % - this is from May or so. On 04 Dec a Z$100 million note was worth US$14 - on 12 Dec the same note was worth US$2. This is a compounded annual% interest rate of about 4 times 10exp40 - that is a 4 followed with 40 zeroes!
December 14th, 2008 at 8:29 pm
This really fits the classic definition of “epic fail”
December 14th, 2008 at 11:24 pm
One can be cynical and humorous Yet, Tribal warfare a go on…..
December 19th, 2008 at 8:31 pm
It is high time we question ourselves whether Robert Mugabe is not an illiterate by any chance who has ended up being in the suit of a President. With the way things are, he would have been better off being under the British to better understand the word ‘civilised’ instead of treating his own people as livestock.!
December 27th, 2008 at 9:28 pm
About the “scarcity principle”… that’s bravo sierra. They’re going hungry because they have a dictator who’s stolen most of the means of production for his cronies. The inability to keep what you produce is what leads to scarcity. It’s NOT the greediness of capitalism.
Sounds like they need “hope and change”. I vote we send them Obama.
January 7th, 2009 at 11:07 am
Atleast the kids will learn how to count…better and faster..
January 9th, 2009 at 1:30 am
this is fucked up.
January 13th, 2009 at 7:08 am
fail.000.000.000
March 9th, 2009 at 12:20 pm
many bilionaire there
March 10th, 2009 at 9:06 pm
Wow. Is that true? I can’t understand. Those are real money?
March 11th, 2009 at 12:31 pm
[...] This is astounding Inflation [...]
March 12th, 2009 at 6:56 pm
This is why niggers can’t make economic decisions…. luckily our president…. oh shit.
March 20th, 2009 at 9:49 pm
Ваш пост навел меня на думки *ушел много думать* …
March 21st, 2009 at 6:32 am
большое спасибо!Взяла себе тоже-пригодится.
March 21st, 2009 at 5:52 pm
Извините если не туда, но как с админом сайта связаться?
March 22nd, 2009 at 4:28 am
Вот решил вам немного помочь и послал этот пост в социальные закладки. Очень надеюсь ваш рейтинг возрастет.
March 22nd, 2009 at 11:36 am
Интересно
March 22nd, 2009 at 7:53 pm
Когда тело моё на кладбище снесут -
Ваши слёзы и речи меня не спасут.
Подождите, пока я не сделаюсь глиной,
А потом из меня изготовьте сосуд.
March 23rd, 2009 at 3:39 am
He what’s this my browser show suddenly straing characters.
It must be those damn Russians that don’t want to us to understand what they are talking about.
Or they are so stupid that they don’t even understand that the whole page is written in English
March 24th, 2009 at 4:43 pm
Wow, way to feed the problem rather than look at other solutions. It freaking ridiculous to expect people to go to a restaurant with a stack of bills.
March 25th, 2009 at 6:11 am
Well, we will see what time brings up in some western civilisation soon…
Hope we will not carry sacks of notes to the next bar…
March 29th, 2009 at 1:43 am
These are very interesting. Thanks for sharing.
April 4th, 2009 at 9:23 am
well, this is how america fucks the world in the ass..
April 7th, 2009 at 12:57 pm
[...] Advertising Campaign in Zimbabwe April 7th, 2009 (Posted by Lordy) Loading … The opposition newspaper of Zimbabwe held a unique advertising campaign. All promotional materials were made of money. In Zimbabwe it is not difficult. You may recall what is going on in there by following this link. [...]
April 7th, 2009 at 6:30 pm
[...] Advertising Campaign in Zimbabwe The opposition newspaper of Zimbabwe held a unique advertising campaign. All promotional materials were made of money. In Zimbabwe it is not difficult. You may recall what is going on in there by following this link. [...]
April 15th, 2009 at 11:13 pm
Well eventhough the housing market is so depressing you can always “Mow the Lawn” (this is HILARIOUS but a little bit dirty so I hope you won’t be offiended)
http://reallyfuckedhomeowner.com/2009/04/15/homeownership-so-many-chores-so-little-time/
April 18th, 2009 at 4:57 am
[...] What the real crisis is like! Posted October 25, 2008 by Ryan If you think that the current economic crisis is something that has never happened in history before, you may be wrong! After the collapse of the agriculture sector in Zimbabwe in 2000, the inflation in that country skyrocketed to 231 million percent a year! Just think about it - 231 000 000%! Unemployment went up to 80% and a third of country
April 18th, 2009 at 7:36 am
Zimbabwe have lopped off 34 zeros from their currency over the last few years. 231 Million percent inflation was close to the official figure but some put it as high as 6 quintillion percent. Why you ask? Because it is run but the most racist dictatorship in the world (they just threw a white cabinet minister elect in jail on trumped up charges because ZANU-PF/Mugabe don’t want whites in government - Google Roy Bennett). Recently they suspended the Zim dollar for 12 months, with the accepted currencies US dollars, South African Rands, Pounds, and Botswana Pula. The Farm seizures from white farmers that precipitated this crisis came about because the money paid over to Zimbabwe as restitution (Lancaster House Accord) was being stolen by ZANU-PF, so Britain stopped paying. These farms were supposed to be given to the population, but ended up in the hands od ZANU-PF politicians and cronies.
The biggest joke is that the other racist African governments, with the exception of Botswana, have not only endorsed, but actively supported Mugabe (who ordered the massacre of over 20,000 of his own people a few years after taking power) and ZANU-PF, simple because of his anti British rhetoric. For the record, Ian Smith, the last white Prime Minister, who to his dying day never needed a body guard and went everywhere in Zimbabwe without fear had it right - In Africa you get one man, one vote, once.
I have no sympathy for the Zimbos - It’s self inflicted
http://www.sokwanele.com/thisiszimbabwe
April 19th, 2009 at 12:39 am
President Robert Mugabe is the problem. This person (he is not a man, but a monster!) is a Marxist and ex-guerilla militant who thinks nothing of slaughtering his own people. Think about it for just a moment… what in the world could drive 75% of your population to leave the country?
Google him and see for yourself!
April 29th, 2009 at 9:25 am
[...] Online World of Wrestling » ECW (4/21) Extreme Examination You’re It at The Bloggings of The_B » Blog Archive » American GangsterWho’s The #1 Jonas Brothers & Demi Lovato Fan? | MuchMusic.com | BlogVery Un-Fat Girls in . . . Is it Art? Or just a disturbing brew of images? » Manolo for the Big Girl!What the real crisis is like! | The Fun Stuff [...]
May 5th, 2009 at 3:52 am
[...] 0 Permalink | Reply Tags: barrow, crunch (2), money, zimbabwe L’inflation au zimbabwe : http://humorland.wordmess.net/20081025/what-the-real-crisis-is-like/ du fun et des brouettes [...]
May 6th, 2009 at 4:51 am
government has been failed to sere the people.
May 8th, 2009 at 12:35 pm
[...] in Zimbabwe previously on the Apopcalypse (Thursday 3/12, Simon Johnson interview), including a dramatic photo essay illustrating the armloads of bank notes required to buy a loaf of bread. As a result of continued [...]
May 13th, 2009 at 6:00 am
All Zimbabwe needs to do is kick out Mugabe, get a new currency, and start the economic recovery. There is no way to deal with this much inflation.
May 13th, 2009 at 9:04 pm
[...] 10. To keep up with inflation, the Zimbabwe treasury was forced to print bills with denominations as high as one hundred trillion dollars. For an excellent pictorial presentation of life in Zimbabwe with their astronomically denominated currency, check out this link. [...]
May 14th, 2009 at 2:29 pm
Bizar!! I had no idea that inflation was soo bad in Zimbabwe. Thanks for sharing this. Good to see that the people could also laugh about the ridiculous amount of money stacks that are worth $1.
May 19th, 2009 at 6:53 pm
[...] 10. To keep up with inflation, the Zimbabwe treasury was forced to print bills with denominations as high as one hundred trillion dollars. For an excellent pictorial presentation of life in Zimbabwe with their astronomically denominated currency, check out this link. [...]
May 20th, 2009 at 2:49 am
Apparently I am going to be rich because someone from Nigeria contacted me and said that the late great Prime Minister Kimbobo needs my help
Pheromone Colognes
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May 27th, 2009 at 8:40 am
Hi,
These photos are great, we would like to spread them on our website (www.fluctuat.net, a french site of cultural information), wold it be possible to do so with the agreement of the photograph ?
Thanks for the answer.
June 15th, 2009 at 10:46 am
Amazing post….We still are bless all the way and all the time compare to them.
June 29th, 2009 at 11:38 am
Thanks a lot for this comparison. Very useful information. I would have had to look it up all myself if you hadn’t done it. Great job.
July 1st, 2009 at 8:53 pm
Well, we will see what time brings up in some western civilisation soon…
Hope we will not carry sacks of notes to the next bar…