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"The mass of men lead lives of quiet desperation." Henry David Thoreau
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I Am A Billionaire And I Did Not Know It
Imagine 2.2 million percent
inflation. It is kind of hard to conceive of. I would have a
hard time believing that my annual raise would be able to keep up with that
type of inflation.
What does that mean for Zimbabwe. It means their dollar is worth almost nothing. It means that their government has just
printed a 100 billion dollar bank note. 100 billion Zimbabwe dollars is worth approximately 66 cents.
With just the change in my pocket I am worth well over 200 billion dollars. I am not even counting the two crusty dollar bills
I pulled out of my washing machine. Heck I think I could reach trillionaire status simply by digging under the cushions to
my couch.
100 billion dollars can buy two loaves of bread and nothing else. I was complaining the other day because I can not buy wheat bread for
under 2 American dollars.
Zimbabwe at one time had a prosperous economy. A model for other African nations to follow.
The economy has been destroyed by the policies of President Robert Mugabe. No wonder he had to fix the election so he could
continue to hold power.
While our situation may be of great concern and has very unpleasant implications for our pocket books. Hearing numbers
like these does give one a new perspective on our problems.
Just in case you do not believe me or think I have gotten the facts mixed up I have included a video from Reuter's below.
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