January 25, 2010

Zimbabwe to Obama: "Piker, we'll see your $12 Trillion and raise you $100 Trillion"

100-trillion-zimbabwe-note.jpg
Zimbabwe is introducing a $100 trillion note, currently worth about US$30.

What a laff-riot it has to be to work in the Zimbabwe version of the Federal Reserve these days. You just come in, have some coffee, and go to the Monday morning meeting:

"What shall we print today?"

"Well, we did the $20Trillion bill last Monday."

"And we did the very spiffy $50Trillion on Friday."

"Super. What'dya say we roll out the $100Trillion today?"

"Agreed. But what do we have left to put on it for a pretty picture?"

"Humm, that's a tough one. But the $100Trillion is such a strong and manly number I suggest..... rocks."

"Rocks?"

"Of course. What is more solid than a rock? Rock of Gibralter. Rock of Ages. Rock my soul in the bosom of Abraham..."

"Rock On!"

"Precisely. $100Trillion. So let it be printed. So let it be done."

"This will stimulate the Americans to catch up. We shall show them that all you need is one hundred trillion dollars and a dream."

Too much of this and you'll become nostalgic for the times of Inflation in the Weimar Republic when you could get a postage stamp for a mere 500 Million:
germaninflationstamp.jpg
Ah, those were the days, my friend. We thought they'd never end.

From Word Around the Net: PICTURE OF THE DAY who notes, "What leftist fiscal policy results in."

Posted by Vanderleun at January 25, 2010 11:16 AM
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"It is impossible to speak in such a way that you cannot be misunderstood." -- Karl Popper N.B.: Comments are moderated and may not appear immediately. Comments that exceed the obscenity or stupidity limits will be either edited or expunged.

The RBZ could probably make a nice little chunk of hard currency if they sold those bills on the Net.

Posted by: Rich Fader at January 25, 2010 1:55 PM

It can't happen here.

Posted by: Fat Man at January 25, 2010 9:00 PM

We're on the same wavelength

Posted by: viktor silo at January 26, 2010 9:16 AM