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Zimbabwe Releases $100 Trillion Note

Less than two weeks after releasing a $50 billion note that could buy two loaves of bread, the Marxist dictatorship in Zimbabwe has released a $100 trillion note.

Current exchange rates put the value of the note at US $300, although the value deteriorates daily due to the 231 million percent inflation rate ravaging the country. Many believe the inflation rate is much higher.

The worthlessness of the Zimbabwe currency has forced everyone to use foreign currency, mostly British pounds, South African Rand or American dollars, for buying and selling. The Marxist regime has sanctioned some 1,000 shops to sell goods in foreign currency. Many other shops have followed suit, despite warnings of a government crackdown.

World and African leaders have called on Marxist dictator Robert Mugabe to step down from power.

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  2. Riots Engulf Zimbabwe
  3. Cholera Kills 3,000+ in Zimbabwe
  4. South Africa Blocking UN Action On Zimbabwe
  5. Cholera Kills 1500+ In Zimbabwe

Posted in Hello, Africa!.

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3 Responses

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  1. Johann says

    By the time you counted the zeros, you need a few more!

  2. ETB says

    There's no meat. It couldbuy a rat burger at McDonald's.

  3. Perla says

    Situation will probably get worse. Zimbabwe might soon break Hungary's hyperinflation record.

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