Comments | ontd_political: Zimbabwe releases 100 trillion note

timedrift in ontd_political

Zimbabwe releases 100 trillion note

Jan 16, 2009 22:46

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Comments 15

layweed January 16 2009, 16:18:52 UTC

Someone really needs to tell those numbskulls that printing notes with bigger numbers on them is not going to fix the problem. Although I have to say, a trillion dollar note is hilarious.

cookie_nut January 16 2009, 16:51:33 UTC

I've been out of any economics course for awhile, so help me out here: Wouldn't putting MORE money into circulation be bad, regardless of what you write on it? Since the more money you have to create, the less it's worth? IDK, it just seems like it would be that way.

How does one solve the problem of hyperinflation?

lucy_u2 January 16 2009, 19:32:38 UTC

They know it. They probably are burning old/smaller notes.

cookie_nut January 16 2009, 19:38:29 UTC

randomneses January 16 2009, 17:23:34 UTC

OH HAY THAR, INFLATION!

Isn't this what happened in Germany after WWI?

peebs1701 January 16 2009, 17:46:33 UTC

Didn't they already chop 7 zeroes off the end of the numbers too? This shit is bananas.

lanrek January 16 2009, 19:05:04 UTC

But is it B-A-N-A-N-A-S?

Ponder that.

bluetooth16 January 16 2009, 18:27:44 UTC

Where's the bailout for Zimbabwe?

P.S. I wish I had 100 trillion US dollars!

(The comment has been removed)

bluetooth16 January 16 2009, 19:25:33 UTC

I know that. I just want to be fabulously wealthy.

___sasuka January 17 2009, 15:43:00 UTC

That's more than the GDP of the WORLD...

Thread 5