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Africa Subsaharan |
Zimbabwe to print new banknotes |
2007-12-20 |
Zimbabwe is to print new banknotes in an effort to tackle the serious cash shortages afflicting the country. From Thursday, notes worth 250,000, 500,000 and 750,000 Zimbabwean dollars will enter circulation. At the same time, the highest value note now in use - the 200,000 dollar bill - will be phased out despite only being introduced in July. Rampant inflation above 8,000%, mass unemployment and shortages of fuel and basic goods have blighted the economy. |
Posted by:Fred |
#7 Where are they gonna get the money to print new ones? Just tear the old ones in half. More bills and symbolism in one nice convenient package. And you can do it again later for the next round of inflation. What's not to like! |
Posted by: SteveS 2007-12-20 21:32 |
#6 #2: Hopefully they will resist North Korean attempts to counterfeit them. They wouldn't bother, the paper's worth more without all that ink on it. |
Posted by: Redneck Jim 2007-12-20 15:45 |
#5 I hear Bob is considering a run for mayor of Baltimore. |
Posted by: crosspatch 2007-12-20 12:27 |
#4 The "Charmin"... |
Posted by: tu3031 2007-12-20 10:41 |
#3 What do the call the 750,000? The Bob? |
Posted by: mojo 2007-12-20 10:31 |
#2 Hopefully they will resist North Korean attempts to counterfeit them. |
Posted by: gorb 2007-12-20 02:55 |
#1 The 'blight' is Bob. |
Posted by: Phinater Thraviger 2007-12-20 00:25 |