1360View
0m 0sLenght
3Rating

Deflation is in this summer in Zimbabwe! As Zimbabweans will start exchanging “quadrillions” of local dollars for a few US dollars next week as President Robert Mugabe’s government discards its virtually worthless national currency. At the height of the country’s economic crisis, Zimbabweans had to carry plastic bags bulging with banknotes to buy basic goods. Bank accounts with balances of up to 175 quadrillion Zimbabwean dollars will be paid $5. The highest – and last – banknote to be printed by the bank in 2008 was 100 trillion Zimbabwean dollars.... Cue the menacing Dr. Evil music..... No....? http://www.theguardian.com/world/2015/jun/12/zimbabwe-offers-new-exchange-rate-1-for-35000000000000000-old-dollars http://www.wochit.com This video was produced by Wochit using http://wochit.com