Friday, February 20, 2009

At Least One Stock Market is Going Up

The Zimbabwe Stock Market has converted their trading shares to be denominated in US dollars instead of Zimbabwe dollars. Shares are expected to increase by over 100% by the end of the year. The change in currency is due to the fact that the country is experiencing 89.7 sextillion percent and there are 12.6 trillion Zimbabwe dollars to the U.S. dollar.

For more info on Zimbabwe's unbelievable inflation, check out:

100,000% Inflation Rate + Election Dispute = Rising Stock Market

Zimbabwe Inflation Breaks Above 11,200,000%

The 100,000,000,000,000 Dollar Bill (that's $100 trillion)

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