|Zimbabwe $100 Trillion Dollar Bill|
|Zimbabwe banknotes worth |
about US$1 at the time
Inflation was so bad that the best way to explain it, since a picture is worth a hundred trillion words, is through pictures of people in Zimbabwe trying to use this extremely high inflation currency.
|Zimbabwe bundle of bills |
worth about $100 at that time
|100 billion Zimbabwe dollars for 3 eggs|
The fourth picture shows the payment for a meal at a Zimbabwe restaurant.
Fortunately, Zimbabwe now has their inflation under control, now that the country is allowing the use of foreign currencies, including the US dollar, for commerce.
So are these 100 trillion dollar bills worthless? No! The country's former high denomination bills have now become collector's items, mementos of runaway inflation. Currently, they are selling for almost $100 each, and for quantities of these Zimbabwe notes, you can still pick them up for around $50 each.
|Bricks of Zimbabwe bills to pay|
for a meal at a restaurant
Pictures courtesy of www.emailforwards.net