Zimbabwe: A 10-Trillion-Dollar Bill
By Celia W. Dugger
The country’s stratospheric inflation rate, one of the worst in world history, entered a new, yet more incredible realm on Friday as the Reserve Bank introduced a new family of trillion-dollar bank notes, beginning with one for 10 trillion Zimbabwean dollars, which is worth about $8 on the black market. The state media reported the bank would also gradually release $20 trillion, $50 trillion and $100 trillion notes.
Friday, January 16, 2009
Got $8? You're a multi-trillionaire!
The NY Times recently reported: