… in Zimbabwe dollars. I bought the pictured note on eBay for a buck (USD).
Marginal Revolution University has the sorry story:
Stephen Hicks, Ph.D.
Philosopher
… in Zimbabwe dollars. I bought the pictured note on eBay for a buck (USD).
Marginal Revolution University has the sorry story:
Yep, if we keep adding enough zeroes, this paper will eventually be worth something – unfortunately less than the cost of ink in printing them.
So why even do this in the first place? What’s the point? The point is to try to buy more stuff before the sellers raise their prices. This might work for a day or two, or one day, or even less. Basically this is an attempt to swindle the sellers and anyone who produces anything. My advice to them is to get the hell out of there as fast as possible.