Privacy Commissioner wants (RFID) off switch on new Ontario driver licenses

Become a part of the TranceAddict community!

Frequently Asked Questions - Please read this if you haven't

TranceAddict Forums > Local Scene Info / Discussion / EDM Event Listings > Canada > Canada - Toronto & Southern Ont. > $50,000,000,000 Note!

Pages (2): [1] 2 »

Last Thread Next Thread

Author

Thread

Prometheus Xex
Still alive.

Registered: Nov 2006
Location: The known universe.

$50,000,000,000 Note!

Funny and sad at the same time.

"Zimbabwe's central bank will introduce a $50 billion note -- enough to buy just two loaves of bread -- as a way of fighting cash shortages amid spiraling inflation.

The country's acting finance minister, Patrick Chinamasa, made the announcement in a government gazette released Saturday.

Although Chinamasa did not give the date on which the $50 billion and new $20 billion notes would come into circulation, an official at the Reserve Bank of Zimbabwe said the notes would be distributed to all banks by the end of Monday.

Zimbabwe is grappling with hyperinflation now officially estimated at 231 million percent, and its currency is fast losing its value. As of Friday, one U.S. dollar was trading at around ZW$25 billion.

When the government issued a $10 billion note just three weeks ago, it bought 20 loaves of bread. That note now can purchase less than half of one loaf."

Source: http://www.cnn.com/2009/WORLD/afric...ency/index.html

I want to get one just for fun. I would guess there are trillionaires in that country!

___________________
GrooveENERGY Website
Me on Facebook

Jan-13-2009 13:12 Canada

Click here to Send Prometheus Xex a Private Message

exstasie
Hack Attack

Registered: Jun 2006
Location: Toronto/Sauga, Canada

I was going to go to one of the banks and see if they had any Zimbabwean money...but i'm guessing that none of them do.

But I would definitely be interesting in getting my hands on a $50 billion dollar note.

I was interesting in getting one when the $10 billion notes came out. Maybe I'll check eBay.

___________________
"I'm not stoned...I'm just Asian!"

Jan-13-2009 13:19 Canada

Click here to Send exstasie a Private Message

Abercrombie
myspace.com/ashesband

Registered: Sep 2005
Location: Aurora Borealis

50 BILLION DOLLARS!!!

___________________

Short time TA, Long time Guver, Good time giver.

Jan-13-2009 15:14 Canada

Click here to Send Abercrombie a Private Message

Engine9
Loin King

Registered: Jun 2004
Location: Planet earth, tdot central

finally all those emails about Zimbabwian princes wanting to deposit millions into my account make sense

___________________
The darkness is calling me
I cant control these feelings...

Jan-13-2009 16:36 Ukraine

Click here to Send Engine9 a Private Message

Prometheus Xex
Still alive.

Registered: Nov 2006
Location: The known universe.

quote:
Originally posted by exstasie
I was going to go to one of the banks and see if they had any Zimbabwean money...but i'm guessing that none of them do.

But I would definitely be interesting in getting my hands on a $50 billion dollar note.

I was interesting in getting one when the $10 billion notes came out. Maybe I'll check eBay.

Now I want one too! If you find a place, get one for me!

___________________
GrooveENERGY Website
Me on Facebook

Jan-13-2009 16:43 Canada

Prometheus Xex
Still alive.

Registered: Nov 2006
Location: The known universe.

quote:
Originally posted by Abercrombie
50 BILLION DOLLARS!!!

Oh behave!

___________________
GrooveENERGY Website
Me on Facebook

Jan-13-2009 16:45 Canada

SniFFleS
Suspended User

Registered: Jan 2004
Location: Toronto

Let's see if Obama can print his way into that type of hyper inflation.

Jan-13-2009 19:01 Canada

Click here to Send SniFFleS a Private Message

exstasie
Hack Attack

Registered: Jun 2006
Location: Toronto/Sauga, Canada

quote:
Originally posted by Prometheus Xex
Now I want one too! If you find a place, get one for me!

I was looking and someone sold a 100 Billion Zimbabwean note for $80US which was like 4x what its actually worth. If only the Zimbabweans had eBay...they could make a fortune from people like us.

I just checked xe.com, and here is the current market rate:

1.00 CAD = 8,248,968.89 ZWD

Live rates at 2009.01.13 1415:04 EST

3 minutes later and its now:

1.00 CAD = 8,251,966.52 ZWD

haha...inflation went up $3,000 in 3 minutes...gotta love it!

___________________
"I'm not stoned...I'm just Asian!"

Jan-13-2009 19:16 Canada

Yohan
Champion of Deep&Nu-disco

Registered: Jan 2004
Location: Kitchener, Ont, Soviet Canuckistan

i wonder how much a porn mag cost in zimbabwe

___________________
Latest mix: Yohan - Full Spectrum (Fall 14 promo)
Like my stuff? Join my FB group here!

quote:
Originally posted by chinamon
not true. i say "ugh"
but i am a tranny.
quote:
Originally posted by kotsy
lol colour me retarded

Jan-13-2009 19:18 Canada

Click here to Send Yohan a Private Message

Inrush
Supreme tranceaddict

Registered: Nov 2008
Location: Kitchener

quote:
Originally posted by exstasie
3 minutes later and its now:

1.00 CAD = 8,251,966.52 ZWD

haha...inflation went up $3,000 in 3 minutes...gotta love it!

hahah nice.

___________________
Inrush - Soundcloud [New podcast! house, tech, prog, electro] <-- click to head over!

Jan-13-2009 19:55 Canada

Click here to Send Inrush a Private Message

zarbi
Suspended User

Registered: Oct 2008
Location: rive sude

quote:
Originally posted by exstasie
I was looking and someone sold a 100 Billion Zimbabwean note for $80US which was like 4x what its actually worth. If only the Zimbabweans had eBay...they could make a fortune from people like us.

I just checked xe.com, and here is the current market rate:

1.00 CAD = 8,248,968.89 ZWD

Live rates at 2009.01.13 1415:04 EST

3 minutes later and its now:

1.00 CAD = 8,251,966.52 ZWD

haha...inflation went up $3,000 in 3 minutes...gotta love it!

yep, you have to spend that currency as soon as you have it. Prices changes at least three times a day, morning, noon and evening hehehe

Public sectors employees are paid with that currency, and new ones are printed daily... thats why its going down the drain.