22.3.09

$100,000,000,000!

Zimbabwe's central bank introduced a new, higher-value $100,000,000,000 bill in an attempt to curb inflation rates that have spiralled into the stratosphere, clocked at 2,000,000% and climbing late last week.

So what does $100,000,000,000 bill get you in Zimbabwe these days? The answer, predictably, is not much — according to Reuters, a single egg in Harare now costs $35-billion. Haggle the vendor down $5-billion, and you've got yourself three eggs in exchange for the world's largest bank note in circulation. (More)

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