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Now that’s a lot of zeroes
Posted by Alex on 9 Jun, 2009 in My Stream | 0 comments
Second only to the post war Hungarian forint (worth 400 octillion pengo) the Zimbabwean dollar is the world’s most devalued currency (as a quick read of the wikipedia article will confirm – in fact, it has been redenominated four times and was effectively abolished last October. I knew things were bad since Mugabe repossessed all private land, but I don’t think I’d realised the extent to which the currency was destroyed. There’s probably a lesson or two in there somewhere.
I found this via the rather excellent Futility Closet blog which I Stumbled Upon.