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The Chip Board Archive 24

Re: hyperinflation
In Response To: hyperinflation ()

Inflation is actually negative now in Zimbabwe, prices are falling. They are still high, though, as everything is imported (from China, South Africa, Botswana etc). Industry is dead, as it is not competitive any more. Farming is dead too of course - most farmers left the country. Zimbabwe is now using US dollars, South African Rands, Botswana Pulas and a couple of other currencies. Main problem is small change. US$ 1 notes, if they are available, look like used toilet paper, and coins are virtually non-existent. Most of the time, prices are rounded to the next full US$, otherwise sweets are given as change, or whatever foreign coins are available - this can be a mixture of Rands, Pulas, Kwachas etc. A couple of weeks ago, Zimbabwe introduced coins minted in South Africa, but denominated in US dollars (!), called "bond coins". I have only seen those in a few large supermarkets in Harare, elsewhere they don't seem to be available or in use (yet).

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$ 25,000,000,000 Chip from Regency Casino Zimbabwe
Not 4 sale. My fav. Zimbabwe
I always liked that chip. Real sharp...
Re: Not 4 sale. My fav. Zimbabwe
Just out of curiosity ...
Re: Just out of curiosity ...
Re: Just out of curiosity ...
Re: Just out of curiosity ...
Re: Just out of curiosity ...
hyperinflation
Re: hyperinflation
Re: Just out of curiosity ...
you're right

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