Monday, June 15, 2015

1 per 35 Quadrillion

Today marks an admission of defeat for independent monetary policy in Zimbabwe, as the bank starts "demonetising" Zimbabwe dollars in exchange for American ones, at a rate of $1 per Z$35 quadrillion. 
"100 trillion to none: bye-bye Zimbabwe dollar," The Economist Espresso App, June 15, 2015.


Makin' it drizzle.

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