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To: Serious Capitalist

Well yeah, I read the caption above and I was momentarily taken aback by the Z$45,000 figure. Then I just did a currency conversion:

45,000.00 ZWD = 0.453620 USD

1 ZWD = 0.0000100804 USD
1 USD = 99,202.00 ZWD


7 posted on 02/21/2006 6:33:11 PM PST by GiveEmDubya
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To: GiveEmDubya; blam; Cincinatus' Wife; sarcasm; happygrl; Byron_the_Aussie; robnoel; GeronL; ...

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8 posted on 02/21/2006 8:18:57 PM PST by Clive
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To: GiveEmDubya
"1 USD = 99,202.00 ZWD"

What is even more significant is that in the year 2000, just before the farm confiscations began, the exchabge rate was Z$55.00 to US$1.00

As I have said before, professors will set Zimbabwe as a case study for generations of students of macro-economics and students of geopolitics in how to destroy an economy and how to start a volkerwanderung.

9 posted on 02/21/2006 8:27:05 PM PST by Clive
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