Life in Hell Money:
“The announcement will see $1 trillion Zimbabwean dollars reduced to $1 new Zimbabwean dollar. The governor of the Reserve Bank of Zimbabwe, Gideon Gono, said: “Yesterday’s trillionaires, I am sorry, will not be able to buy their favourite drink today,”
Last year, the central bank was forced to take 10 zeros from the local unit in an effort to make the currency more manageable, but the zeros returned within a few months.
I wonder if Zimbabweans keep themselves warm at night from burning their money? Basically, at this point, no outside force is willing to do anything about Zimbabwe; neighboring states that are run by black nationalist one-party systems are unwilling to criticize Mugabe, and the non-African powers are uninterested in getting involved with a Uncle Remusish tar baby mess - both because of the cost and because Mugabe’s goons would just go back to the bush as guerillas again and there’d be an endless war (as per other failed African states). So unless something happens internally, the people of Zimbabwe will rot in their cholera-infected mess.