Last year, the WSJ ran an article on the $100 trillion bill printed by the Central Bank of Zimbabwe. Per the article, it is "the biggest ever produced for legal tender—and a national symbol of monetary policy run amok." Full article at: http://online.wsj.com/article/SB10001424052748703730804576314953...
As indicated in the article, you can order bills via eBay for about USD$5 each. I bought some uncirculated bills from one of the suppliers quoted in the article (PM if you want name), and have given them as gifts to customers, friends, etc. Everyone seems to get a kick out of them. Conversation sometimes leads, however, to our own situation in the US, etc. But they're still kinda fun. Anyway, FWIW.
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posted: Apr. 30, 2012 @ 10:35a
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kamalktk
Dwayne Elizondo Mountain Dew Herbert Camacho
posted: Apr. 30, 2012 @ 10:49a
The 100 trillion dollar bill is legal tender in Beloit.
soundtechie
Pickle King
posted: Apr. 30, 2012 @ 10:54a
Man, this is a tough word of the day.
The chippendales had three dancers there, one named bob and two named bill. The women wouldn't whistle at bob, but one-hon-did-trill-on-all-our-bills.
raringvt
Ancient Member
posted: Apr. 30, 2012 @ 11:39a
I'd say it's not even close to OT--you're well beyond the line. I have one of these bills given to me by a friend who grew up in Zimbabwe. His parents still live there, he sells bills on eBay that his parents send to him as needed. He has done very well doing this since the actual value of the bills is considerably less than the $5 he charges for them. He chalks it up to Americans being idiots.
Quikboy4
Senior Member - 1K
posted: Apr. 30, 2012 @ 12:30p
Whatever you do, don't trust a C. Montgomery Burns with it.
BitemeIamtoxic
Non-toxic
posted: Apr. 30, 2012 @ 12:30p
raringvt said: I'd say it's not even close to OT--you're well beyond the line. I have one of these bills given to me by a friend who grew up in Zimbabwe. His parents still live there, he sells bills on eBay that his parents send to him as needed. He has done very well doing this since the actual value of the bills is considerably less than the $5 he charges for them. He chalks it up to Americans being idiots.
Does he do that chalking due to us following the same path?
scrouds
Luddite
posted: Apr. 30, 2012 @ 12:36p
After this whole fiasco, zimbabwe gave up and legalized the use of foreign currency in domestic transactions.
nanosoft
Dismembered Member
posted: Apr. 30, 2012 @ 12:53p
tuphat said: 100-trillion-dollar bill
Is what we face in 4 years.
parmenides
Ancient Member
posted: Apr. 30, 2012 @ 1:24p
nanosoft said: tuphat said: 100-trillion-dollar bill
Is what we face in 4 years.
Cool prediction. On what date, exactly?
nanosoft
Dismembered Member
posted: Apr. 30, 2012 @ 2:17p
parmenides said: nanosoft said: tuphat said: 100-trillion-dollar bill
Is what we face in 4 years.
Cool prediction. On what date, exactly?
April 30th 2016 4 pm PST.
2 years after "your idea's are our idea's" is amended to the Constitution.
But no worries because all coins and the dollar are not valid forms of currency.
burgerwars
just a salad for me
posted: Apr. 30, 2012 @ 7:34p
I bought a dozen of these on eBay quite a while ago when they first came out. Brand new. I think they were about $1 a piece. I gave a couple away but stuck the other quadrillion dollars in my safe deposit box for a rainy day.
0AfterRebates
Senior Member - 2K
posted: May. 1, 2012 @ 5:52a
I'm already a multi-trillionaire.
tuphat
Senior Member
posted: May. 1, 2012 @ 10:14a
If you're going to buy these, suggest that you stick with uncirculated notes. I don't want to think where the bills in circulation might have been ...
DenverDiver
Senior Member - 3K
posted: May. 1, 2012 @ 10:42a
In Zimbabwe, everyone is a trillionaire 100 times over
scrouds
Luddite
posted: May. 1, 2012 @ 1:12p
I buy these bills to snort my blow. Too bad the hookers won't take 'em
raringvt
Ancient Member
posted: May. 1, 2012 @ 1:28p
scrouds said: I buy these bills to snort my blow. Too bad the hookers won't take 'em
It's standard practice to use the largest denomination bill you have...I've never had to factor in exchange rates though, I don't think I'd be able to do the math in the heat of the moment.
BitemeIamtoxic
Non-toxic
posted: May. 1, 2012 @ 4:01p
Uh, you are mixing you form of indulgence metaphors.
I myself am a Turkish millionaire and a Serbian Billionaire. Word of warning: don't take this bill out and show it to someone you randomly meet who is from Zimbabwe. In cases of crazy hyper inflation these notes usually remind people who lived through the time of serious struggles and heartache. To take them out and go "Oh you're from Zimbabwe, you must remember this" is not smart. They're conversation starters to us, but be considerate.
Witold
Ancient Member
posted: May. 3, 2012 @ 10:12a
I was in Zimbabwe fairly recently. In tourist areas - like next to Victoria Falls - street hawkers sell these bills.
I picked up a set, but I don't remember how much I paid anymore. I guess I should've picked up a lot more for resale, but from what I understand, they're not supposed to be selling this currency and also you're not supposed to take it out of the country.
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