Comments:Zimbabwe submits to popular pressure: foreign currencies now legal tender

Latest comment: 15 years ago by Arwel Parry in topic The illustrations

Commentary on Zibabwe's hyperinfaltion. edit

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I had always thought that the hyperinfaltion the the Riechtag Government of Germany after WWI was extremely bad. Experts claim that the rate of inflation made the German mark worth more as a sourse of fuel to be burned then as legal tender. I see Zimbabwe has a much greater problem. The article claimed Zimbabwe's rate of inflation somethng to the effect of 6.5 X 10^109. That is a number way bigger than the distance from Earth to the sun in kilometers. (149 598 000 kilometers). Its even bigger than 1 lightyear in meters. (9.4605284 × 10^15 meters). It is slightly larger than 1 googol, or a 1 followed by 100 zeros (10^100, or 10,​000,000,000,​000,000,000,​000,000,000,​000,000,000,​000,000,000,​000,000,000,​000,000,000,​000,000,000,​000,000,000,​000,000,000,​000,000,000 ). That is a lot of worthless money.

--64.91.135.166 23:39, 30 January 2009 (UTC)Reply

The illustrations edit

It's worth noting that the $100,000,000 note shown in the article is a note of the second Zimbabwe dollar, before they knocked ten noughts off last July, so it was equivalent to $0.01 third Zimbabwe dollar, which the $10,000,000,000,000 is an example of - this month they've knocked another twelve noughts off, so that ten trillion dollar note is equivalent to $10 of the fourth Zimbabwe dollar. The second Zimbabwe dollar was introduced in August 2006 with a value of $1000 first Zimbabwe dollars, so in less than 2.5 years they've got through three complete currencies and knocked 25 noughts off the currency. Back in 1980 a Zimbabwe dollar was worth $1.47 US. -- Arwel (talk) 14:24, 7 February 2009 (UTC)Reply